Building a Search Fund in China: No Playbook, Local Trust, and What Actually Works - Sally Tian, Snowtide Capital
In this episode, host Nick Law talks with Sally Tian, co‑founder of Snowtide Capital, about building the first search‑fund ecosystem in China—a market without an established playbook. Tian explains how she and her husband leveraged their complementary skills, personal networks, and deep cultural immersion to source deals, raise capital from both international and local investors, and establish credibility in a relationship‑driven environment. She also shares why she left the traditional “immigrant dream” path, choosing instead to return to China and pursue entrepreneurship through acquisition, highlighting the importance of trust, grit, and adapting the search‑fund model to emerging markets.
ETA Is Breaking (and Going Global): Investor Conflict, Weak Boards, and Structural Shifts - Ibrahim Abdel Rahim of Moonbase Capital
In this episode of Surge Funded, Ibrahim Abdel Rahim of Moonbase Capital reflects on five years of growth in the Entrepreneurship Through Acquisition (ETA) space, highlighting the shift from a Europe‑centric model to a truly global, home‑based approach with searchers...

From M&A in Africa to Enterprise Wireless Infrastructure, DC Moore of ATG
In this episode, host Nick Law talks with DC Moore, a former Motorola, Lockheed Martin, and McKinsey executive who spent eight years doing M&A in Africa before acquiring and running Atlantic Technology Group, an enterprise wireless and mobility solutions provider. DC...
From Fired Searcher to $50M in Deals in One Year | Kevin Hong, Caprae Capital
In this episode, Kevin Hong shares his journey from being a fired search fund CEO to founding CapRate Capital, where he has closed over $50 million in lower‑middle‑market private equity deals. He explains how he built a fragmented cap table to...
Employee Ownership as a Search Fund Advantage, Turner Wyatt of Small Capital
Turner Wyatt, founder and CEO of Small Capital, funds self‑funded searchers who embed employee ownership from acquisition day one. He argues that search fund deals can address income inequality while enhancing business performance by giving employees a stake. Small Capital’s...