20VC: Carvana: The Most Wild Story in Public Markets: From $60BN to $400M and Back to $40BN | The Biggest Opportunities, Mistakes and Challenges Ahead for One of the Public Market's Only 100x Investments

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

#Venture Capital #Trading #Tech News #Finance #Investing #Siliconvalley #Technology #Venturecapital #Harry Stebbings #News #Business #Minute VC #Startup

38:05

In late 1972, U.S. Marine Captain Ron Forrester disappeared on a bombing run into North Vietnam. Back home in Texas, his family could only wait and hope. Audio subscribers to Texas Monthly can get early access to episodes of the series, plus exclusive interviews and audio. Visit texasmonthly.com/audio to join. Go to HelloFresh.com/FLIGHT10FM to get 10 Free Meals with a Free Item For Life.…

about a year ago 1:02:43

MP3•Episode home

Carvana is one of the most wild stories in the public markets. The company IPO’d with a market cap of $2BN before skyrocketing to $60BN, only for the company to lose 99% of it’s value hitting a bottom of $400M market cap. Today the company is stronger than ever and with a market cap of $41BN. Joining us in the hotseat is Dan Gill, Carvana’s CPO, the man who oversees all technology functions, as well as strategic partnerships for the business.

In Today’s Episode with Dan Gill We Discuss:

From $60BN to $400M Market Cap:

What did Carvana do that Dan wishes they had not done?
What did Carvana not do that Dan wishes they had done?
How do you maintain morale in a team when the company has lost 99% of it’s value?

From $400M Back to $40BN Market Cap:

What have been the core needle movers in Carvana’s market cap surging?
How does the Carvana business model benefit from economies of scale?
How does vertical integration of the different products Carvana sells change the margin structure of the business?

The Future of Carvana:

Why does Dan believe there is a massive market for Cavana in selling new cars?
Why does Dan want to move into the peer to peer market, a market where so many before have failed?
Why does Dan think Carvana should sell Chinese cars on the platform if American citizens want to buy them?
What revenue line does Carvana not have today that Dan believes will be the biggest in 10 years time?

Product Advice, North Star Metrics, Idea Selection:

What is the product advice that Dan gives more than any other?
How does Dan advise startup founders on how to know they have the right north star metric? What is his framework?
How does Dan advise founders on how to select the right idea to work on?
What is Dan’s prioritisation framework for if an idea will have a larger enough impact and is therefore worthy of being worked on?

1307 episodes

20VC: Carvana: The Most Wild Story in Public Markets: From $60BN to $400M and Back to $40BN | The Biggest Opportunities, Mistakes and Challenges Ahead for One of the Public Market's Only 100x Investments

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

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published about a year ago

MP3•Episode home

In Today’s Episode with Dan Gill We Discuss:

From $60BN to $400M Market Cap:

What did Carvana do that Dan wishes they had not done?
What did Carvana not do that Dan wishes they had done?
How do you maintain morale in a team when the company has lost 99% of it’s value?

From $400M Back to $40BN Market Cap:

What have been the core needle movers in Carvana’s market cap surging?
How does the Carvana business model benefit from economies of scale?
How does vertical integration of the different products Carvana sells change the margin structure of the business?

The Future of Carvana:

Why does Dan believe there is a massive market for Cavana in selling new cars?
Why does Dan want to move into the peer to peer market, a market where so many before have failed?
Why does Dan think Carvana should sell Chinese cars on the platform if American citizens want to buy them?
What revenue line does Carvana not have today that Dan believes will be the biggest in 10 years time?

Product Advice, North Star Metrics, Idea Selection:

What is the product advice that Dan gives more than any other?
How does Dan advise startup founders on how to know they have the right north star metric? What is his framework?
How does Dan advise founders on how to select the right idea to work on?
What is Dan’s prioritisation framework for if an idea will have a larger enough impact and is therefore worthy of being worked on?

1307 episodes

#Venture Capital #Trading #Tech News #Finance #Investing #Siliconvalley #Technology #Venturecapital #Harry Stebbings #News #Business #Minute VC #Startup

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The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

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20VC: Tiger Global Saved by OpenAI | Coatue's New Fund: Hype or Substance | Why SBF is the Greatest Investor of the Last 5 Years | Why Big Funds are Investing in Perplexity 1:14:37

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1:14:37

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The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

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1:02:21

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The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

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1:09:46

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The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

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1:11:34

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The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

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The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

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The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

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The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

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1:03:57

Rich Socher is the Founder and CEO of You.com . Richard previously served as the Chief Scientist and EVP at Salesforce. Before that, Richard was the CEO/CTO of the AI startup MetaMind, which Salesforce acquired in 2016. He is widely recognised as having brought neural networks into the field of natural language processing, inventing the most widely used word vectors, contextual vectors and prompt engineering. He has over 150,000 citations and served as an adjunct professor in the computer science department at Stanford. In Today’s Episode We Discuss: 04:10 Winners & Losers: OpenAI, Gemini, Claude 08:59 How Partnerships Could Decide the Winners in AI 12:42 China vs US: Who Wins the War for AI 25:50 How Society and Economics Needs to Change in a World of AI 34:04 What Jobs Will Be Replaced, What Will Not 36:04 How Europe Needs to Change It’s Approach to AI 41:06 How AI Will Change Health and Longevity 43:10 AI in Consumer and Enterprise Markets 49:30 Quantum Computing and AI Misconceptions 56:57 Longevity, Personal Reflections, and Future Outlook Please read the offering circular and related risks at invest.modemobile.com . This is a paid advertisement for Mode Mobile’s Regulation A+ Offering. Past performance is no guarantee of future results. Investing in private company securities is not suitable for all investors because it is highly speculative and involves a high degree of risk. It should only be considered a long-term investment. You must be prepared to withstand a total loss of your investment. Private company securities are also highly illiquid, and there is no guarantee that a market will develop for such securities. DealMaker Securities LLC, a registered broker-dealer, and member of FINRA | SIPC, located at 105 Maxess Road, Suite 124, Melville, NY 11747, is the Intermediary for this offering and is not an affiliate of or connected with the Issuer. Please check our background on FINRA's BrokerCheck.…

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

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The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

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The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

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