Machinery Pete talks fast-moving changes in the auction industry with recent notable consolidations and rapid technological advances. Pete chats with Aaron McKee, Founder/CEO of Purplewave.com, a long time leader in the online only auction space, about their big news last month (Oct. ’23) of a new partnership with Copart, Inc., a worldwide leader in the online auto auction space.
- [:35] - Machinery Pete’s talks consolidation
- [11:06] - Interview with Aaron McKee begins
- [11:45] - Purple Wave and CoPart’s partnership
- [15:25] - Finding the right sellers to work with
- [20:24] - Early days of Purple Wave
- [26:03] - Why Purple Wave believes in no-reserve auctions
- [34:27] - Helping people make big decisions
- [47:09] - How Aaron got into the auction business
- [59:04] - Final words from Machinery Pete
Machinery Pete was founded in 1989 and has grown from its humble beginnings to a full-fledged marketplace for farming equipment. Greg Peterson, founder and host, has also released Machinery Pete content across platforms including YouTube with his long-running Machinery Pete TV show.
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