Assertion Not publicly verifiable AI assessment confidence: 85% certainty 4/5 debate potential 1/5

Vroom sold close to 5,000 vehicles in December 2015 alone

Alon Bloch · He did $900m in sales last year on something you touch every day with Allon Bloch of Vroom · Feb 7, 2016 · at 4:10

Alon Bloch, CEO of online car retailer Vroom, shares monthly unit sales metrics for late 2015.

0:00 / 0:05exact quote · 5.9s
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“In December alone, we sold close to 5000 vehicles.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Alon Bloch

Assertion Not publicly verifiable
Vroom and Texas Direct generated about $900M in revenue in 2015
“So our combined business, because we also acquired another company called Texas Direct, is about nine hundred million in revenue in 2015.”
Alon Bloch Feb 7, 2016 ▶ 1:48 He did $900m in sales last year on something you touch every day with Allon Bloch of Vroom
Insight
Online car retailers must operate at Amazon-like high volumes to succeed
“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…”
Alon Bloch Feb 7, 2016 ▶ 13:28 He did $900m in sales last year on something you touch every day with Allon Bloch of Vroom
Assertion Supported
Vroom's average vehicle price point is nearly $30,000
“So, the average price point is nearly 30,000 dollars.”
Alon Bloch Feb 7, 2016 ▶ 4:28 He did $900m in sales last year on something you touch every day with Allon Bloch of Vroom
Assertion Supported
Vroom raised $95M to fund the Texas Direct Auto acquisition
“In conjunction with this, we raised you know, an additional ninety-five million dollars from investors.”
Alon Bloch Feb 7, 2016 ▶ 7:07 He did $900m in sales last year on something you touch every day with Allon Bloch of Vroom
Insight
Vroom prices cars below market to maximize inventory turnover
“We sell cars below market prices because we want to turn them quickly.”
Alon Bloch Feb 7, 2016 ▶ 8:46 He did $900m in sales last year on something you touch every day with Allon Bloch of Vroom
Assertion Not publicly verifiable
Texas Direct generated more revenue than Vroom prior to the acquisition
“They were larger than us. We're not breaking that down, but they were larger than us.”
Alon Bloch Feb 7, 2016 ▶ 9:37 He did $900m in sales last year on something you touch every day with Allon Bloch of Vroom
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