2min chapter

Value Hive Podcast cover image

FinTwit's Top SPAC Ideas of 2022 & Beyond

Value Hive Podcast

CHAPTER

Carvana's Model Only Worked if Youre Making Money Making Selling Houses

Cravana's model only worked to make money if your cravana ba as, because cravana's gross margins are wriating out 15 pert. So it's pretty understood that marketing expenses will always be around six to seven % of revenue. If your profitability margin is only six, seven %, you're not making any money. The team at open door is a pretty special in my mind.

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