How to Find 10x MOIC, 30%+ IRR Deals (Step-by-Step)
Podcast:Buyers and Builders Published On: Fri Nov 28 2025 Description: Most people in ETA quote the Stanford Search Fund Study, but almost no one looks at what investors actually earn. In this episode, we break down new Yale data from 1,192 investor-level outcomes and shows why access, not modeling, is the #1 driver of 10x MOIC, 30%+ IRR results.You’ll learn why your portfolio will never be “the index”, how a tiny % of deals drive almost all returns, and what elite investors do differently to consistently catch those outliers. If you’re a searcher, investor, fund, or holdco, this is the episode that will change how you think about ETA returns forever.TIMESTAMPS0:00 Access as the #1 driver of outperformance & episode roadmap0:40 Dinner scene: Stanford-slide searcher vs seasoned LP reality2:15 Power laws, Magnificent Seven & how a few winners drive all returns3:40 Yale study: 1,192 investor observations vs the Stanford search fund myth5:35 Segment 1: The Illusion of the Stanford Index & why no one matches it7:45 Segment 2: The Batting Cage Problem & why access determines investor outcomes9:26 Segment 3: The Two-Stage Bet, broken searches, missing winners & 10x outcomes14:13 Sponsor: Spacebar Studios - guaranteed 10,000 newsletter subscribers in 90 days15:20 Elite ETA investor tier, access hierarchy & why “spray and pray” fails17:51 Real odds for searchers, importance of elite access & final “respect the griffins” takeawaySponsors:https://capitalpad.com/https://www.spacebarstudios.co/inquire#ETA #SearchFunds #EntrepreneurshipThroughAcquisition #SelfFundedSearch #TraditionalSearch #SearchFundInvestor #SearchAcquisition #BusinessAcquisitionFollow Mikk/PrivateEquityGuy on Twitter: https://x.com/PrivatEquityGuyThis podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.