ACQ2 by Acquired

Doug Demuro on Analyzing the Car Industry, Creator-Led Businesses, and Porsche Episode Follow Up

31 snips
Sep 18, 2023
Doug DeMuro, the creator behind the popular YouTube channel and founder of the car marketplace 'Cars and Bids', shares insights on the evolving car industry in 2023. He discusses the impact of the pandemic on car demand, the shift to electric vehicles, and how consumer purchases are influenced. Doug also dives into his journey from indie creator to managing a large organization following a $37 million investment. The conversation touches on the unique behaviors of car enthusiasts and the future of classic cars amidst technological changes.
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ANECDOTE

Unexpected YouTube Success

  • Acquired's Porsche episode with Doug DeMuro garnered 400,000 YouTube views.
  • This was a significant outlier, exceeding typical viewership by orders of magnitude.
INSIGHT

Name Recognition on YouTube

  • Doug DeMuro believes his name has a significant impact on YouTube's algorithm and search results.
  • Even negative mentions using his name can drive traffic due to its search impact.
ANECDOTE

YouTube Career Breakthrough

  • Doug DeMuro's YouTube channel took off after a Tesla Model X review in December 2016, earning him $21,000.
  • This was significantly more than his usual earnings and highlighted the potential of YouTube as a career.
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