David Huey – CEO, Co-Founder Sound Capital
David is a life-long entrepreneur. Over the last 25 years David has started, grown and sold multiple companies. These include a software company, a real estate brokerage, and a title company. Currently David owns and operates a fast-growing financial services company.
David started his first company in high school before earning a computer engineering degree and began his post-graduate career at Accenture (formerly Andersen Consulting). In 1994, David co-founded Soar Solutions, Inc. At Soar David built ground-breaking technology that changed the real estate brokerage industry. Soar’s innovations remain a core element of servicing real estate consumers to this day. Soar merged with MarketLeader (NASDAQ: SOLD) in 2003. At MarketLeader, David launched JustListed.com., which was the primary driver of MarketLeader’s revenue growth from $24 Million to $115 Million run rate in under 18 months prompting a $110 Million IPO in December 2004 and a $1 billion market cap in late 2005.
After the IPO, David began seeking a better capital preservation vehicle for his personal investments than the stock and bond markets. In the years leading up to the Real Estate Bubble, David felt the breadth and depth of the impact was sorely underestimated and a generational investment opportunity existed. David felt that professional residential real estate investors were an underserved financial services niche about to experience tremendous growth, and that if structured properly could provide him with an opportunity to generate excellent income without the risk or volatility of equities. He formed Sound Equity which is now financing tens of millions of dollars per month to top-tier builders and real estate investors across the Unites States and has not had a single failed loan since 2012.