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The huge red flag this new ASX founders fund is watching for

A new fund that will exclusively target companies run by “obsessive” founders also has a long list of danger signs that it is watching for.  

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Skin in the game. An owner’s mindset. There are lots of phrases to describe what makes founder-led companies special, but Oscar Oberg and Tobias Yao prefer to sum it up with one word: obsession.

The fund managers from Wilson Asset Management are the brains behind a new Founders Fund that will exclusively invest in companies where the founder owns a stake of at least 10 per cent or $20 million in equity, and has an active role in the business.

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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com

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    Original URL: https://www.afr.com/chanticleer/the-huge-red-flag-this-new-asx-founders-fund-is-watching-for-20250202-p5l8vk