Entrepreneurship Through Acquisition Is Still Entrepreneurship
Schonthal, D. (2023)
Kellogg Insight, May 12, 2023
Raw text, full article read. Opinion article by David Schonthal (page lists him as Clinical Professor of Strategy and Faculty Director of the Zell Fellows Program); the page states "This article originally appeared in Inc." It argues ETA counts as entrepreneurship, names three models (self-funded search, search fund, accelerator) and gives three cautions (culture, unglamorous targets, time on the ground). No data and no sources; it contains one unsourced claim: "for not much more than $60,000 in cash, you could buy a business with $1.5M million in EBITDA, thanks to SBA programs and others" (typo is in the original). Do not cite that figure as evidence.