Chanticleer
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.
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.
Subscribe to gift this article
Gift 5 articles to anyone you choose each month when you subscribe.
Subscribe nowAlready a subscriber?
Introducing your Newsfeed
Follow the topics, people and companies that matter to you.
Find out moreRead More
Latest In Equity markets
Fetching latest articles