Auctree
Mike Cooper's work experience includes:
- Co-Founder & CTO at Auctree since February 2021. Auctree is a technology platform that serves asset managers of non-performing real estate loans.
- Co-Founder & CEO at Canary & Delta from June 2019 to November 2020.
- Quantitative Strategist at Millennium Management from July 2018 to June 2019. Analyzed real-time and historical data for trading insights and developed power price forecasting models using machine learning algorithms.
- Quantitative Strategist at Delta Capita from January 2018 to May 2018. Developed a model for predicting mortgage default using neural network architecture and presented proposals to internal and external stakeholders.
- Software Engineer & Co-Founder at Quinn Blackwell Media Ltd. from May 2017 to December 2017. Successfully launched the company's first revenue-generating product through the iOS app store.
- Software Engineer at University of Bristol from May 2016 to October 2016. Created a cross-platform mobile web application for new students to plan and organize social activities.
Mike Cooper attended the University of Bristol from 2014 to 2018, where they pursued a degree in MEng Computer Science. Mike successfully completed their course with a first-class honors. Prior to their university education, Mike studied at Nailsea Six Form, where they obtained A-Levels in Maths, Biology, Further Maths, and Chemistry. Mike achieved grades of A*, A, B, and C in these subjects, respectively. Mike also completed their GCSEs at Nailsea School, where they earned 2A*s, 4As, and 3Bs in subjects such as Maths, English, Science, ICT, PE, History, and French. Additionally, Mike holds a certification in Padi Advanced Open Water from PADI, however, the details regarding the month and year of obtaining this certification are not provided.
Auctree
Welcome to Auctree! We are the distressed real estate marketplace which makes real estate more affordable and helps to keep Spain’s economy clean! Which Problem Are We Solving? 📉 Distressed real estate markets are inefficient and unaccessible to most people. For Creditors: They own non-performing real estate loans which take a very long to recover (~3.5 years on average) and cost more than €16bn per year to manage in Europe alone. For Buyers: They have very limited access to distressed real estate buying opportunities (selling at 15-20% discounts) which are traditionally only available to savvy investors. How Do We Solve It? Auctree provides buyers with access to properties selling at 15-20% discounts via our marketplace which helps sellers recover non-performing real estate loans 80% faster. Creditors (i.e. International investment funds) who buy portfolios of non-performing loans & target IRRs of 8.5% need Auctree because they are forced to repossess the property, which extends recovery times by c.2 years and increases cost by 10-15%. Using Auctree, they can recover their investment before repossession, saving both time & cost, as well as increasing their IRR. Buyers (i.e. Consumers, or Retail Investors) benefit by using Auctree as our platform allows for anybody to engage with these opportunities by i) providing widespread visibility (our platform is open to anybody) and ii) simplifying the purchase process (we remove complexity by providing turn-key solutions to buyers). Our Vision: Auctree will become the #1 go-to marketplace for discovering the best value real estate worldwide. We will be this magic corner on earth where you can find opportunity, a place where people can fulfil their dream of owning their home or making their first real estate investment.