Car Dealerships, Software Solutions, and Adjacent Industries

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In the US, there are 17,000 franchise dealerships and 40,000 independent used car lots. The auto software market is worth $40,000 to $50,000 a month for each franchise store. Our platform can expand into adjacent industries like RVs, ATVs, and motorcycles. Despite previous startup failures, having some scar tissue makes founders more appealing to angel investors.

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Today’s show:

First up, Jason takes on the news solo by breaking down Uber's Q3 earnings (2:23), reflecting on SBF's guilty verdict (13:39), and giving some takes on Biden's EO on AI (15:53). Then, Motive CEO John Habeck joins to break down building "Shopify for Car Dealerships" (21:39).

Time stamps:

(0:00) Jason kicks off the show

(2:23) Uber earnings report and Uber’s profitability

(12:17) Squarespace - Use offer code TWIST to save 10% off your first purchase of a website or domain at https://Squarespace.com/twist

(13:39) SBF’s guilty verdict

(15:53) Takes on Biden's executive order on AI

(20:11) House of Macadamias - Get a free month's supply of Macadamia Milk with any order at https://houseofmacadamias.com/twist by using code TWIST20!

(21:39) Motive CEO John Habeck discusses building a startup in a "sleeping giant" industry

(32:18) CLA - Get started with CLA's CPAs, consultants, and wealth advisors now at https://claconnect.com/tech

(33:17) Understand the TAM for "Shopify for Car Dealerships”

Referenced in the podcast:

https://s23.q4cdn.com/407969754/files/doc_earnings/2023/q3/earnings-result/Uber-Q3-23-Earnings-Press-Release.pdf

https://www.whitehouse.gov/briefing-room/presidential-actions/2023/10/30/executive-order-on-the-safe-secure-and-trustworthy-development-and-use-of-artificial-intelligence

https://www.businessofapps.com/data/uber-statistics

https://twitter.com/EconomyApp/status/1721899291248324642

Check out Motive: https://www.ridemotive.com

* Read LAUNCH Fund 4 Deal Memo: https://www.launch.co/four

Apply for Funding: https://www.launch.co/apply

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