5min chapter

My First Million cover image

Doug DeMuro: How A YouTube Car Reviewer Sold His Company For $40M

My First Million

CHAPTER

How to Buy a Custom Wagon

Doug: I think the valuation was in the hundreds of millions But I don't know exactly how much anybody ended up with or whatever but they did well, Randy killed it They're killing it now that the sale was was By the car business standards the sale was relatively early. The internet made it easier to buy and sell cars Obviously it used to be in the newspaper and that was kind of a disaster With low information on both sides and everything And now the internet shows up craigslist shows up That's one thing and now people are starting to realize that there is significant value in these auction sites because Sellers can amplify they can get you know to a much larger audience than they could on their own

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