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George Arison

๐Ÿ‘ค Speaker
482 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 367: $94M Raised, Car Marketplace, 270 Employees with George Arison of Shift

And then, you know, they paid for that inspection.

SaaS Interviews with CEOs, Startups, Founders
EP 367: $94M Raised, Car Marketplace, 270 Employees with George Arison of Shift

We wouldn't actually touch the car besides the inspection, but that was how we got into the market.

SaaS Interviews with CEOs, Startups, Founders
EP 367: $94M Raised, Car Marketplace, 270 Employees with George Arison of Shift

And then it was actually kind of the users that drove us towards taking cars to a warehouse because they were asking us to do that.

SaaS Interviews with CEOs, Startups, Founders
EP 367: $94M Raised, Car Marketplace, 270 Employees with George Arison of Shift

They're like, Hey, um, I like this inspection, but why don't you just go and do this work for me?

SaaS Interviews with CEOs, Startups, Founders
EP 367: $94M Raised, Car Marketplace, 270 Employees with George Arison of Shift

And so then we started to bring cars into, into our warehouse.

SaaS Interviews with CEOs, Startups, Founders
EP 367: $94M Raised, Car Marketplace, 270 Employees with George Arison of Shift

Oh, I think it was like $2,000.

SaaS Interviews with CEOs, Startups, Founders
EP 367: $94M Raised, Car Marketplace, 270 Employees with George Arison of Shift

I love that.

SaaS Interviews with CEOs, Startups, Founders
EP 367: $94M Raised, Car Marketplace, 270 Employees with George Arison of Shift

You got to start somewhere, right?

SaaS Interviews with CEOs, Startups, Founders
EP 367: $94M Raised, Car Marketplace, 270 Employees with George Arison of Shift

You got to start somewhere.

SaaS Interviews with CEOs, Startups, Founders
EP 367: $94M Raised, Car Marketplace, 270 Employees with George Arison of Shift

And it was very, very small.

SaaS Interviews with CEOs, Startups, Founders
EP 367: $94M Raised, Car Marketplace, 270 Employees with George Arison of Shift

And then 20, I actually don't remember for sure what our 2014 revenue was.

SaaS Interviews with CEOs, Startups, Founders
EP 367: $94M Raised, Car Marketplace, 270 Employees with George Arison of Shift

I mean, I would have probably guessed like sub $150,000.

SaaS Interviews with CEOs, Startups, Founders
EP 367: $94M Raised, Car Marketplace, 270 Employees with George Arison of Shift

$150,000.

SaaS Interviews with CEOs, Startups, Founders
EP 367: $94M Raised, Car Marketplace, 270 Employees with George Arison of Shift

Got it.

SaaS Interviews with CEOs, Startups, Founders
EP 367: $94M Raised, Car Marketplace, 270 Employees with George Arison of Shift

Yeah.

SaaS Interviews with CEOs, Startups, Founders
EP 367: $94M Raised, Car Marketplace, 270 Employees with George Arison of Shift

Because we were really focused on, well, there's a couple of things.

SaaS Interviews with CEOs, Startups, Founders
EP 367: $94M Raised, Car Marketplace, 270 Employees with George Arison of Shift

One is we were very focused on product market fit and really kind of understanding what the product market fit for the business was going to be.

SaaS Interviews with CEOs, Startups, Founders
EP 367: $94M Raised, Car Marketplace, 270 Employees with George Arison of Shift

And secondly, you know, pricing in cars is really complicated.

SaaS Interviews with CEOs, Startups, Founders
EP 367: $94M Raised, Car Marketplace, 270 Employees with George Arison of Shift

And it's actually probably the single biggest engineering problem we're working on is how do you price cars accurately?

SaaS Interviews with CEOs, Startups, Founders
EP 367: $94M Raised, Car Marketplace, 270 Employees with George Arison of Shift

But in the beginning, we oftentimes made mistakes, obviously, like we would probably miss price costs because we didn't have all the needed technology.