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Here a couple for you: Greenlight.com--I worked there. Rock solid business plan. Had a second round of funding that dried up. Here's some information on them: Greenlight.Com - How Greenlight.com Worked, Attracted The Interest Of Large Dealers, Added Dealers In 31 States - Service and CompanyNow, there was another at the time--the name escapes me. There was a young person that wrote a business plan for Trillogy. They funded a reported $100m. The model was that they would advertise new cars online, and the consumer would pick it up at a local dealership. They then started buying small dealerships in rural areas that were having a hard time making it. They would have o parts and service business. Dealers screamed at the OEM's and were heard loud and clear. They would not allow this to happen, so the company quickly closed after burning through that cash.
Here a couple for you: Greenlight.com--I worked there. Rock solid business plan. Had a second round of funding that dried up. Here's some information on them: Greenlight.Com - How Greenlight.com Worked, Attracted The Interest Of Large Dealers, Added Dealers In 31 States - Service and Company
Now, there was another at the time--the name escapes me. There was a young person that wrote a business plan for Trillogy. They funded a reported $100m. The model was that they would advertise new cars online, and the consumer would pick it up at a local dealership. They then started buying small dealerships in rural areas that were having a hard time making it. They would have o parts and service business. Dealers screamed at the OEM's and were heard loud and clear. They would not allow this to happen, so the company quickly closed after burning through that cash.
