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BREAKING news! Carvana & Vroom is bleeding cash. Is Ecommerce in auto DOA?

Discussion in 'Other Cool Technologies & Services' started by joe.pistell, Mar 7, 2018.

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  1. Cullen C

    Cullen C
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    Getting Refreshed

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    Interesting that it is a new development for them, coincidentally or perhaps not Carvana has begun charging for regional inventory moves as well.
     
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  3. jscole86

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    That's a pretty good shipping rate for that distance.
     
  4. Cullen C

    Cullen C
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    Tried to share this with Steve Stauning on LinkedIn in response to his recent thoughts on the Carvana valuation but it seems he must have accidentally blocked me....maybe he will be able to see this and respond here instead

     
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  5. JamieS

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    [​IMG]

    Never seen that piece before, great find!
     
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  6. Alexander Lau

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  7. joe.pistell

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    @Cullen C@Cullen C Great Amazon video from 1999

    AMAZON STOCK CHART (see 1999, stock price was $50ish)
    Consider this... The best selling car in 1999 was a Toyota Camry, base MSRP was ~$20grand. Lets say you put that $20grand in AMZN stock. That $20grand is now worth $750,000​
    upload_2018-7-27_7-35-45.png
     
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  8. joe.pistell

    joe.pistell
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    Uncle Joe

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    And.. lets say in 2003 you heard that Sears IPO was coming out and you put another $20grand in it...

    In 2 years your $20grand was now worth $240grand, but, just like Amazon, you hold for the long term. Today, your $20grand is worth $4,000.
    upload_2018-7-27_8-7-42.png

    Ouch.
     
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  9. Lissa

    Lissa
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    Noob

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    Yup I agree with you.
     
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  10. Cullen C

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  11. joe.pistell

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