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What Is the Status of Manufactured Homes Communities in America · Tech in Chicago

Tech in Chicago

Selling a Bootstrapped Startup for $22M, Building a Marketplace, Manufactured Housing - Dave Bowen / CEO of Purchasing Platform

Dave Bowen is the CEO of Purchasing Platform , an online marketplace for real estate developers to buy products for their properties. Before Purchasing Platform, Dave was the founder of Market Maker 4 (MM4), an e-sourcing tech startup, which he bootstrapped and sold for $22M in 2016. Dave is taking a different approach with Purchasing Platform and they…

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Notes

  1. Who Is Dave Bowen at 0:09

    Dave is the CEO of Purchasing Platform, which is an online marketplace for real estate developers to buy products for the properties. Full answer

  2. Why Sell a Startup Instead of Continuing to Grow It at 6:19

    Selling "early" can enable the founding team to take some future risk off the table, as well as give some money back to the entire team, propelling each… Full answer

  3. What Is the Status of Manufactured Homes Communities in America at 13:16

    There are about 44,000 of these communities in America. Full answer

  4. How Do You Connect Supply and Demand in a Marketplace Business at 18:30

    In the case of Purchasing Platform, the demand for goods from the manufactured home community was already there. Full answer

  5. Why Would a Profitable Bootstrap Business Still Want to Raise Venture Funding at 26:02

    In Dave's case, his company had gone through some ups and down which required cutting their burn, and restructuring the team. Full answer

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