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George Arison

๐Ÿ‘ค Speaker
482 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1698 Shift Sells $200m Worth of Cars, Makes $30m, $225m Equity Raised, IPO Next?

And so like they did it with 350 million the year before IPO of total revenue, kind of apples to apples to what I'm talking about.

SaaS Interviews with CEOs, Startups, Founders
1698 Shift Sells $200m Worth of Cars, Makes $30m, $225m Equity Raised, IPO Next?

I actually don't think you have to be that high.

SaaS Interviews with CEOs, Startups, Founders
1698 Shift Sells $200m Worth of Cars, Makes $30m, $225m Equity Raised, IPO Next?

I think what really matters is volume.

SaaS Interviews with CEOs, Startups, Founders
1698 Shift Sells $200m Worth of Cars, Makes $30m, $225m Equity Raised, IPO Next?

Once you're past 15,000 cars a year, I think it's credible to go out live public.

SaaS Interviews with CEOs, Startups, Founders
1698 Shift Sells $200m Worth of Cars, Makes $30m, $225m Equity Raised, IPO Next?

At least based on what I'm hearing from investors.

SaaS Interviews with CEOs, Startups, Founders
1698 Shift Sells $200m Worth of Cars, Makes $30m, $225m Equity Raised, IPO Next?

I've spent a lot of time with public market investors, and that's kind of their general sense.

SaaS Interviews with CEOs, Startups, Founders
1698 Shift Sells $200m Worth of Cars, Makes $30m, $225m Equity Raised, IPO Next?

That's probably a percent.

SaaS Interviews with CEOs, Startups, Founders
1698 Shift Sells $200m Worth of Cars, Makes $30m, $225m Equity Raised, IPO Next?

Yeah.

SaaS Interviews with CEOs, Startups, Founders
1698 Shift Sells $200m Worth of Cars, Makes $30m, $225m Equity Raised, IPO Next?

We made probably like 10, maybe 15 million in loan and warranty revenue last year.

SaaS Interviews with CEOs, Startups, Founders
1698 Shift Sells $200m Worth of Cars, Makes $30m, $225m Equity Raised, IPO Next?

Yes, for this business, correct.

SaaS Interviews with CEOs, Startups, Founders
1698 Shift Sells $200m Worth of Cars, Makes $30m, $225m Equity Raised, IPO Next?

For a SaaS business, I think it's a different business.

SaaS Interviews with CEOs, Startups, Founders
1698 Shift Sells $200m Worth of Cars, Makes $30m, $225m Equity Raised, IPO Next?

Very different.

SaaS Interviews with CEOs, Startups, Founders
1698 Shift Sells $200m Worth of Cars, Makes $30m, $225m Equity Raised, IPO Next?

Well, I mean, I think right now probably Jeff Bezos and Elon Musk are the best founders, CEOs.

SaaS Interviews with CEOs, Startups, Founders
1698 Shift Sells $200m Worth of Cars, Makes $30m, $225m Equity Raised, IPO Next?

And so those obviously I massively admire.

SaaS Interviews with CEOs, Startups, Founders
1698 Shift Sells $200m Worth of Cars, Makes $30m, $225m Equity Raised, IPO Next?

Well, they don't.

SaaS Interviews with CEOs, Startups, Founders
1698 Shift Sells $200m Worth of Cars, Makes $30m, $225m Equity Raised, IPO Next?

They've talked a lot about cars and you can list new cars on them, but they don't sell them.

SaaS Interviews with CEOs, Startups, Founders
1698 Shift Sells $200m Worth of Cars, Makes $30m, $225m Equity Raised, IPO Next?

Um, it's very hard to do.

SaaS Interviews with CEOs, Startups, Founders
1698 Shift Sells $200m Worth of Cars, Makes $30m, $225m Equity Raised, IPO Next?

And so I actually would love, you know, for them to be more involved in this space versus what they are, but they've never really gone after it.

SaaS Interviews with CEOs, Startups, Founders
1698 Shift Sells $200m Worth of Cars, Makes $30m, $225m Equity Raised, IPO Next?

Um, I mean, I would certainly consider it.

SaaS Interviews with CEOs, Startups, Founders
1698 Shift Sells $200m Worth of Cars, Makes $30m, $225m Equity Raised, IPO Next?

I don't know if I would sell or not.