George Arison

But I think we are probably trying to get to a place where 60% of our revenue comes from the cars and 40%

comes from loans and warranties over the next 18, 24 months.

I think once we do $250 million in revenue in one year, then the year after that, we should be able to IPO.

Well, no, it's actually revenue because in an accounting sense,

Gross revenue actually is different from

GMV doesn't exist.

And in the car industry, you have to count your entire full value of the car as your revenue.

And then you have warranty and loans on top of that.

So GMV would only refer to the value of the cars.

It wouldn't actually count the loan and the warranty revenue that you make on top of that.

I don't actually know.

In the auto industry, there's a concept called gross profit, which is not exactly net revenue in the way that SaaS companies talk about.

It's very different.

But there is the number of gross profit.

And I don't know what the gross profit is.

But yes, people do track gross profit, obviously, very closely as well.

But even very, very large companies are not at billions of gross profit.

It's not possible.

No, it's a very different business.

I think for us, like Carvana is the proof point because they've done it before.