Dan Park

CEO of Clutch, a Canadian online used car retailer. He led the company through a near-bankruptcy turnaround to achieve significant revenue growth and a substantial valuation.

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Apr 7, 2025 • 45min

He took a 97% downround—then grew to $400M ARR & a $575M valuation in 2 years. | Dan Park, CEO of Clutch

Dan Park, CEO of Clutch and a dynamo in the online used car market, shares his rollercoaster journey from near-bankruptcy to a staggering $400M in sales and a $575M valuation. He reveals the shocking move of cutting 75% of staff, why he turned off test drives, and how rapid iteration became his lifeline. Listen to his candid insights on surviving financial turmoil, restructuring strategies, and the emotional rollercoaster of leading a startup through crises—all while reforming the vehicle sales landscape.

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