Vroom

“So our combined business, because we also acquired another company called Texas Direct, is about nine hundred million in revenue in 2015.”

“In conjunction with this, we raised you know, an additional ninety-five million dollars from investors.”

“Combined business, about 500 employees.”

“We sell cars below market prices because we want to turn them quickly.”

“So, the average price point is nearly 30,000 dollars.”

“In December alone, we sold close to 5000 vehicles.”

“We did a friends and family round when Emily and I joined at twelve million dollars, and we were part of that investment.”

“They were larger than us. We're not breaking that down, but they were larger than us.”

“Most dealers are small cash rich businesses that are local because of the franchise law. So they sell a 102 102 hundred cars, you know, we're selling more than that, but way more than that in order to be successful, you know, we need to be kind of a high volum…”

“When you look at our inventory we have cars that are anywhere from zero to you know, 12 years in age, whereas Vroom only has cars that are roughly, you know, zero to four years in age because if there's no test drive involved, it's kind of hard to convince som…”