Assertion Not publicly verifiable AI assessment confidence: 90% certainty 4/5 debate potential 1/5

Texas Direct generated more revenue than Vroom prior to the acquisition

Alon Bloch · He did $900m in sales last year on something you touch every day with Allon Bloch of Vroom · Feb 7, 2016 · at 9:37

Alon Bloch, CEO of online auto retailer Vroom, clarifies the revenue contribution of Texas Direct Auto following its acquisition.

0:00 / 0:03exact quote · 3.3s

720p mp4 · rendered on demand · StarZero watermark

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

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 →

The claim, plainly

Texas Direct Auto generated the majority of the combined entity's $900 million in revenue in 2015.

a quote alone can be ambiguous, so this restates it with the references and context of the conversation around it resolved. AI-written; the tape below the player is the source.

Assessment

The claim asserts that Texas Direct Auto accounted for the majority of the combined entity's revenue in fiscal year 2015. At the time of the transaction in December 2015 and the interview on February 7, 2016, both Vroom, Inc. and Texas Direct Auto (Left Gate Property Holding, LLC) were privately held entities. When Vroom subsequently filed its Form S-1 IPO registration statement in June 2020, it qualified as an emerging growth company under the JOBS Act and was required to provide audited financial statements only for fiscal years 2018 and 2019. Neither the S-1 nor subsequent SEC filings (Forms 10-K through 2025) contained audited historical financial statements, segment breakdowns, or pro forma revenue allocations for FY 2015. Following Vroom's wind-down of dealership operations and Chapter 11 reorganization in 2024, audited segment financial data for 2015 will not be publicly reported, rendering the claim permanently unresolvable from public records.

Vroom, Inc. and Texas Direct Auto were privately held entities throughout 2015 and early 2016, leaving no public statutory filings for FY 2015.
Vroom's June 2020 SEC Form S-1 registration statement provided audited financial statements only for FY 2018 and FY 2019 under JOBS Act emerging growth company rules.
No audited historical financial statements or segment revenue disclosures covering FY 2015 were ever filed in subsequent SEC reports prior to Vroom's 2024 wind-down and restructuring.

Checked against

[1] wsj.com [2] fi-magazine.com [3] houstonchronicle.com [4] startupintros.com [5] sec.gov [6] sec.gov [7] sec.gov [8] vroom.com

"vroom, inc." "s-1" "2015" "revenue" "consolidated statements of operations" OR "selected consolidated financial data" "vroom, inc." "S-1" "Report of Independent Registered Public Accounting Firm" 2018 2019 Vroom S 1 filing 2015 revenue Texas Direct Auto Vroom S-1 "Texas Direct Auto" 2015 revenue OR "December 31, 2015" Vroom Form S-1 "Texas Direct Auto" pro forma 2015 revenue "Left Gate Property Holding" revenue 2015 OR 2016 OR 2014

assessed as of 2026-09-02

This assessment is an AI reading of a public statement, made against the cited references with the confidence shown. It can be wrong. The quote, the tape and the references are all on this page; if something is off, use report an error below. full disclaimer →

Mentioned

Texas Direct Auto Vroom

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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

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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 Not publicly verifiable

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

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

Alon Bloch Feb 7, 2016 ▶ 4:10 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

Texas Direct generated more revenue than Vroom prior to the acquisition

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