99% of acquisition deals fail, but Britton Langdon beat the odds when a sneaky AI scraper accidentally announced his stealth startup to 30,000 people.
In today's episode of Bricks and Bytes, we had Britton Langdon and we got to learn about his journey from building M-Suite to launching BuildFactory, the hidden capacity problem in prefab shops, and why construction has more FOMO than any other industry... and many more!
Tune in to find out about:
✅ How he achieved 140% net retention at M-Suite before selling to Stanley Black & Decker
✅ Why every prefab shop has hidden capacity but nobody talks about it
✅ The marketplace approach to solving construction's supply and demand problem
✅ Why construction companies fear missing out more than any other industry
Listen now on Spotify to hear how Britton is building the Airbnb for offsite construction and democratizing fabrication work across North America.
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Chapters
02:00 Welcome Back and New Beginnings
04:59 The Launch of BuildFactory
07:55 Building in Cedar Rapids: A Unique Perspective
11:03 Understanding M Suite: The Journey
13:43 The Decision to Sell: Timing and Strategy
16:48 Customer Retention and Business Growth
19:40 Pricing Models and Value Creation
22:44 Navigating Acquisition Offers
25:46 Diligence and Compliance in Acquisitions
28:38 Lessons Learned for Future Ventures
33:52 Exploring BeamFabField and Its Limitations
36:25 Introduction to Build Factory and Its Ecosystem
40:31 Addressing Supply and Demand in Prefabrication
44:20 The Role of Prefabrication in Construction
48:28 Building a Marketplace for Prefabrication
53:10 Challenges and Strategies in Marketplace Development
59:15 The Future of Build Factory and Market Trends
