Wolf of Williamsburg / The endeavors
Blue Sky Capital Partners
Side project / 2015–2017
Blue Sky Capital Partners was the vehicle for trying to buy mobile home parks in the Midwest. We flew to Missouri, walked properties, interviewed managers, measured concrete pads, and sent the seller a signed purchase agreement.
Months of diligence changed the economics at Rustic Meadows. The seller rejected our new position, so we ended the deal and protected our earnest money.
From the archive
- Find the CapitalThe Midwest housing project needed cash, so I started asking whether old startup equity could fund the next thing I wanted to build.
- Cancel the ContractMonths of diligence changed the economics at Rustic Meadows. The seller rejected our new position, so we ended the deal and protected our earnest money.
- Our Side Was SignedAfter months of park visits, documents, and diligence, we sent the seller a signed purchase agreement before Thanksgiving.
- Measure the Concrete PadsBlue Sky's first mobile-home-park site visit meant flying to Missouri, interviewing the manager, checking the records, and measuring concrete pads.
- I Put in NoticeI put in notice at Reonomy, watched the organization change around me, then chose to stay long enough to protect the mobile-home-park deal before flying to Paris.
- The Park Got RealA rejected Indiana mobile-home-park inquiry led my partners and me to Missouri, a property visit, and a much more serious side project.