Cyber Week Sale! 50% Off Entrepreneur+

Our biggest sale — Get unlimited access at an unbeatable price.
Use code SAVE50 at checkout.*

CLAIM THIS OFFER

Already have an account?

Sign in

*Offer only available to new subscribers.

Entrepreneur Plus - Short White
For Subscribers

A Private Affair The private equity club is now accepting members--and you don't have to make millions to join.

By Farnoosh Torabi

Opinions expressed by Entrepreneur contributors are their own.

With four businesses under his belt, two of which he sold for megamillions, 33-year-old Michael Lazerow qualifies as a serial entrepreneur. Therefore, he says, he's well positioned to invest in one of today's most coveted asset classes: private equity. It involves companies that seize other companies, spruce them up and (fingers crossed) sell them for a profit years later. The investment category regained its popularity in 2006 when there were more than 1,000 announced private equity deals in the U.S.

"Most of the money is made in finding the right deal," says Lazerow, whose newest venture, Buddy Media, is a New York City application development firm that serves social networking websites. "It helps if you have experience in the industry [you invest in]."

The rest of this article is locked.

Join Entrepreneur+ today for access.

Subscribe Now

Already have an account? Sign In