Chapter
Disrupting the Car Dealership Industry
25:09 - 29:41 (04:31)
The guest discusses how he helped transform the car-buying industry by publishing price information online to combat price discrimination and highlights the importance of e-commerce in the current market.
Clips
True Car provides accurate pricing information for car purchases which eliminates the 30% price differential that could be faced at different dealerships, making them a successful early car company in the internet age.
25:09 - 27:53 (02:43)
Car Buying
Summary
True Car provides accurate pricing information for car purchases which eliminates the 30% price differential that could be faced at different dealerships, making them a successful early car company in the internet age.
ChapterDisrupting the Car Dealership Industry
EpisodeThe New WeWork, How to Make $10M In 3 Months, and More
PodcastMy First Million
The founder of PriceLock, Robert Fell, describes how he created a company that offered gas price insurance to consumers, and how his previous experience in finance and e-commerce helped him succeed in the industry.
27:53 - 29:41 (01:48)
Gas Price Insurance
Summary
The founder of PriceLock, Robert Fell, describes how he created a company that offered gas price insurance to consumers, and how his previous experience in finance and e-commerce helped him succeed in the industry.