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Hosted by Scott Painter
3 episodes with Scott Painter
3 episodes with Scott Painter
4 episodes with Scott Painter
3 episodes with Scott Painter
2 episodes with Scott Painter
2 episodes with Scott Painter
2 episodes with Scott Painter
2 episodes with Scott Painter
In this episode of the Think Millions podcast, we dive deep with Scott Painter, a serial entrepreneur who has raised over $10 billion and founded 57 ventures. Discover the hard-earned lessons, game-changing strategies, and unfiltered truths about entrepreneurship that have guided Scott through a remarkable career. From navigating high-stakes funding to persevering through monumental challenges, Scott's journey is a masterclass in resilience and innovation.Key Parts of the Conversation:(1:04 - 6:10)Scott discusses his journey from the military to becoming a serial entrepreneur.It is important to persevere, understand risks, and know when to pivot or shut down.(6:11 - 10:16)Alexa and Scott debate the roles of passion and perseverance in entrepreneurial success.Real-life examples of dealing with setbacks and the importance of resilience.(10:17 - 18:59)Scott shares his experiences with raising venture capital and the nuances of investor expectations.(19:00 - 25:27)Scott reflects on his biggest mistake with Softbank and the lessons learned about capital and control.(25:28 - 33:42)Scott's optimistic view on the current era of rapid innovation and change.Great Quotes from the Podcast:"Perseverance in the face of rejection is one of the most important qualities for an entrepreneur.""You have to know the basics when you own a business, especially when you're raising money, so you can speak the lingo and truly understand your accounting, your legal, every part of your business.""Think of the money that you're raising as debt and be careful who you raise money from."Resources:For all of our episodes, you can visit: https://www.thynkmillions.com/think-millions-podcastFor comments or questions, please email us at support@thynkconsultinggroup.comAlexa's Instagram: https://www.instagram.com/dralexadagostino/Alexa's Website: https://www.alexadagostino.com/Book a call with Alexa:https://alexadagostino.com/discoveryAlexa's Full-Service Agency Thynkfuel Website:https://www.thynkfuelmedia.com
The Automotive Troublemaker w/ Paul J Daly and Kyle Mountsier
The world is seemingly upside down again as Ben Hadley joins the pod to chat about a digital asset auction gone wild, automated driving under scrutiny, and insurance companies getting more data than consumers may have bargained for.It's all fun and games until your favorite car gets in an accident…with technology at the wheel. Recently the IIHS has provided a rating of 14 driver assistance softwares across 9 manufacturers, all of which received marginal or poor marks.There's no evidence of real-world safety benefits from these systems, with the IIHS citing a lack of reduction in insurance claims.Despite Tesla's claims of safety, federal regulators are investigating nearly 1,000 accidents involving Autopilot.Lexus's Teammate with Advanced Drive system received an "acceptable" rating, standing out among its peers."We have been able to look at vehicles with and without these (systems) and determine there is no reduction in claims as a result of these more advanced systems," says IIHS President David Harkey.We all love the idea of a connected car, but it looks like insurance companies are taking liberties with the data available from manufacturers connected systems to determine insurance rates per driver.Kenn Dahl, a careful driver from near Seattle, was stunned when his insurance spiked by 21% due to data collected by his Chevy Bolt and shared by General Motors with LexisNexis.LexisNexis' report on Dahl detailed over 640 trips, monitoring speed, braking, and accelerations but not locations, affecting his insurance rates.GM and other automakers collect driving data for insurance purposes, often with driver consent buried in fine print or unknown to the driver entirely.Jen Caltrider, a researcher at Mozilla who reviewed the privacy policies for more than 25 car brands last year, called cars “a privacy nightmare.”How to Find Out What Your Car Is DoingSee the data your car is capable of collecting with this tool: https://vehicleprivacyreport.com/.Request your LexisNexis report: https://consumer.risk.lexisnexis.com/consumerRequest your Verisk report: https://fcra.verisk.com/#/After filing for bankruptcy in October, a California court has sanctioned the sale of Shift Technologies' digital assets, including domain names, trademarks, and social media accounts.TrueCar founder Scott Painter won the domain names, trademarks and social media accounts of Carlotz.com, Autoacquire.com, Canvas and Xchange Leasing for $35K. He also acquired the the platforms, patents and records of Shift and Fair Technologies for $120KA Canadian company (not automotive) also named Shift Technologies Inc. won the bid for the Shift.com domain and social media accounts with a $1,365,000 offer.Primera Management I, a Delaware LLC, snagged the Fair domain and social media accounts for $900,000.Hosts: Paul J Daly and Kyle MountsierGet the Daily Push Back email at https://www.asotu.com/ JOIN the conversation on LinkedIn at: https://www.linkedin.com/company/asotu/ Read our most recent email at: https://www.asotu.com/media/push-back-email ASOTU Instagram: https://www.instagram.com/automotivestateoftheunion
Autonomy founder and CEO Scott Painter returns to the Auto Remarketing Podcast for a wide-ranging discussion on electric vehicle accessibility and affordability, the insurance industry's relationship to EVs and car subscriptions, Autonomy's recent partnerships with Deloitte and others, plus much more.
THE TWENTY-FOURTH SUNDAY AFTER PENTECOST NOVEMBER 12, 2023 10:30 a.m. Today's sermon is given by Guest Preacher, The Reverend Scott Painter.
Walter Todd, CIO at Greenwood Capital and Bloomberg Intelligence Senior Global Banks Analyst Alison Williams dig into earnings from Morgan Stanley and Bank of America. Bloomberg News EV Reporter Sean O'Kane and Scott Painter, CEO of Autonomy, talk about how Scott's auto subscription startup has been hampered by Tesla cutting car prices. Tom McGee, President of ICSC, shares his thoughts on June retail sales data and the state of retail stores. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Projects and Investigations Reporter Peter Robison provide the details of Peter's Businessweek Magazine story Untested, Bacteria-Tainted Eyedrops Blinded and Killed Americans. And we Drive to the Close with Mace McCain, Chief Investment Officer at Frost Investment Advisors.Hosts: Carol Massar and Matt Miller. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.
Walter Todd, CIO at Greenwood Capital and Bloomberg Intelligence Senior Global Banks Analyst Alison Williams dig into earnings from Morgan Stanley and Bank of America. Bloomberg News EV Reporter Sean O'Kane and Scott Painter, CEO of Autonomy, talk about how Scott's auto subscription startup has been hampered by Tesla cutting car prices. Tom McGee, President of ICSC, shares his thoughts on June retail sales data and the state of retail stores. Bloomberg Businessweek Editor Joel Weber and Bloomberg News Projects and Investigations Reporter Peter Robison provide the details of Peter's Businessweek Magazine story Untested, Bacteria-Tainted Eyedrops Blinded and Killed Americans. And we Drive to the Close with Mace McCain, Chief Investment Officer at Frost Investment Advisors.Hosts: Carol Massar and Matt Miller. Producer: Paul Brennan. See omnystudio.com/listener for privacy information.
In this episode, I'm speaking with Scott Painter, Founder and CEO of Autonomy. 00:00 - Intro 02:03 - Elon's "thought exercise" for Scott 07:47 - Scott's entrepreneurial journey 15:12 - The Softbank Saga 23:06 - Inspiration & The Innovator's Dilemma 30:25 - Building Autonomy 39:46 - The economics of a subscription-based model 50:40 - Autonomy's ideal customer 57:22 - What does Scott drive? 01:00:53 - Wrapping up Follow Scott: Scott's Twitter & LinkedIn. Autonomy's website. Please take a moment to visit this episode's sponsor: Fullpath – Discover Automotive's Leading Customer Data and Experience Platform Turn your first-party data into customers for life with Fullpath. Check out the website for more and follow me on Twitter @GuyDealership! Interested in advertising with CarDealershipGuy? Join the sponsor waitlist here. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.
Ghoti Hook reference? CHECK! Sternly warned? CHECK! Scott Painter? CHECK!
Scott Painter is the founder and CEO of TrueCar. Scott joined A.J. on the CarStories.com podcast for a one-on-one interview about how he took his entrepreneurial spirit, combined it with his hobby of helping others buy new cars and was able to turn that into the automotive-tech giant its known as today.
1. DJ Czezre, Heidi B, Chris Marquez - The light (Chris Marquez Deep mix) 2. Marc Cotterell - 8 minutes of pleasure 3. Artful, Ridney, Terri Walker, Michael Gray - Missing You (Michael Gray remix) 4. Groove Junkies, Michelle Chiavarini, Carolyn Harding - Play (Michelle Chiavarini remix) 5. Kerrie Masters, Soulfuledge - Butterfly (Soulfuledge vocal mix) 6. The Realm & Jill Rock Jones - I don't like it (Vocal mix) 7. Rocoe, Body heat gang band - 3AM sexy (Club mix) 8. N.W.N - Sunshine 9. Tom Leeland, Morris Revy - Your love 10. Franck Roger - Whispers 11. 8 Bit Society & Jaki Graham - Say it (Micky More & Andy Tee Vocal) 12. Distant People, Jaidene Veda - Less is more 13. DJ Gomi, Roland Cespedes, Jonny Wimbush - The Scat track 14. Groove Junkies, Baskerville Jones, Shane D - Born to flow (Shane D remix) 15. Groove Junkies, Chellena Black, Terry Hunter - God bless the child (Terry Hunter Bang Sunday Club mix) 16. Brother James, Concinity - Feels so deep (Smoofro Twist) 17. Deep Soul Syndicate, Miss Fly - Heaven (Deep Soul Syndicate vs Groove Junkies Hustlers mix) 18. Hallex M, Rona Ray, Shannon Chambers - Can't turn time back (Shannon Chambers remix) 19. Oggie B - Til U drop 20. Soulcool - Feel my breath 21. Soulcool - Summer love 22. David Morales, Scott Painter, Royina Johnson - Give me more
Download Gary's 13 Keys to Creating a Multi-Million Dollar Business from https://www.DitchDiggerCEO.com/ Scott Painter (https://www.autonomy.com/) is the Founder and CEO of Autonomy and a serial entrepreneur in the automotive and technology industries who has founded dozens of disruptive companies over the past 25 years. In today's podcast, Scott talks about his journey in the military, business, and automotive world. In this episode Gary and Scott Painter discuss: 1. Military Leadership 2. The Trillion Dollar Car Industry 3. Future Of Electric Automobiles 4. Elon And Twitter https://www.linkedin.com/in/spainter/ https://twitter.com/thescottpainter Connect with Gary Rabine and DDCEO on: Website: https://www.DitchDiggerCEO.com/ Instagram: https://www.instagram.com/DitchDiggerCEO TikTok: https://www.tiktok.com/@ditchdiggerceopodcast Facebook: https://www.facebook.com/DitchDiggerCEO Twitter: https://twitter.com/DitchDiggerCEO YouTube: https://www.youtube.com/@ditchdiggerceo
In this episode, Brock speaks with Scott painter. Scott served in the Army as a Spanish interrogator in the late 80s. And since then went on to found or CO found many companies you've likely heard of, including Fair.com, Cars Direct, True Car, Pricelock, and now Autonomy, a subscription Electric Vehicle Company. He's incorporated 57 businesses over the last 30 years. Scott talks extensively in this episode about the balance of family life and entrepreneurship. He talks about how he treats his kids like small businesses and make some great analogies on how to build and grow them successfully. We discuss how the auto industry has changed over his time in market and his past influence on it. He talks about how he thinks about different business models and how those feed business valuations. And we close out with his advice on raising money and lessons for young entrepreneurs. Episode Resources: Autonomy.com Notes: (01:30) - Something proud of, but doesn't get to talk about: Raising a family and navigating turmoil (06:44) - Early influences and joining the Army (15:16) - Finding the driving force behind early success (19:32) - "Stealing" cable TV and bringing it to the Westpoint Barracks (27:12) - Becoming class president and convincing leaders of the impossible (33:42) - An early foray in entrepreneurship and love of all things cars (41:33) - Importance of marketing when delivering something new (50:00) - Lack of transparency in auto industry and turning the tide on an informed consumer (58:40) - Autonomy - subscription electric vehicles and serving the core mission (01:03:32) - Capital intensity in business, business models, and valuation (01:12:29) - Advice on raising money (01:15:07) - Best things for young entrepreneurs to understand (01:23:38) - Scott Painter's endgame The Scuttlebutt Podcast - The podcast for service members and veterans building a life outside the military. The Scuttlebutt Podcast features discussions on lifestyle, careers, business, and resources for service members. Show host, Brock Briggs, talks with a special guest from the community committed to helping military members build a successful life, inside and outside the service. Get a weekly episode breakdown, a sneak peek of the next episode and other resources in your inbox for free at https://scuttlebutt.substack.com/. Follow along: • Brock: @BrockHBriggs • Instagram: Scuttlebutt_Podcast • Send me an email: scuttlebuttpod1@gmail.com • Episodes & transcripts: Scuttlebuttpodcast.co
Merch:Kilowatt StoreLinks:AutonomyScott PainterSupport this show http://supporter.acast.com/kilowatt. Become a member at https://plus.acast.com/s/kilowatt. Hosted on Acast. See acast.com/privacy for more information.
As more and more OEMs bring an EV to market, there will be more and more interest in a pre-owned EV. Price is often the difference between new and used, so EVs will be no different in that regard. But what about 'what to look for'? Are traditional used car 'look for' still applicable? What about EV specific items? Scott Painter, CEO of Autonomy joins us with some ideas on the used EV market.---- ----- In Wheel Time Car Talk is now available on iHeart Radio! Just go to iheart.com/InWheelTimeCarTalk where ever you are.----- -----Be sure to subscribe on your favorite podcast provider for the next episode of In Wheel Time Car Talk and check out our live broadcast every Saturday, 8a-11aCT simulcasting on iHeart Radio, YouTube, Facebook, Twitter, Twitch and InWheelTime.com.In Wheel Time Car Talk can be heard on you mobile device from providers such as:Apple Podcasts, Pandora Podcast, Amazon Music Podcast, Spotify, Google Podcasts, Stitcher, iHeart Radio podcast, TuneIn + Alexa, Podcast Addict, Castro, Castbox and more on your mobile device.----- ------ ------Want even more In Wheel Time Car Talk in 'real' time? Follow InWheelTime.com for the latest updates!Twitter: https://twitter.com/InWheelTimeInstagram: https://www.instagram.com/inwheeltime/Facebook: https://www.facebook.com/InWheelTime/ YouTube: https://www.YouTube.com/InWheelTimeTags: In Wheel Time, automotive car talk show, car talk, Live car talk show, In Wheel Time Car TalkWant even more In Wheel Time Car Talk in 'real' time? Follow InWheelTime.com for the latest updates!Twitter: https://twitter.com/InWheelTimeInstagram: https://www.instagram.com/inwheeltime/https://www.iheart.com/live/in-wheel-time-car-talk-9327/https://www.youtube.com/inwheeltimehttps://www.Facebook.com/InWheelTimeFor more information about In Wheel Time Car Talk, email us at info@inwheeltime.comTags: In Wheel Time, automotive car talk show, car talk, Live car talk show, In Wheel Time Car Talk
Ever since gas prices started to spike, electric vehicles have been a hot topic. Up until now, most of the discussion has centered on new vehicles. But what about used EVs? Pre-owned electric vehicles can save you a significant amount of money, and it may be a good idea. But buying used EVs can come with risks that can cost you down the road. On this episode, we're joined by Scott Painter, the founder and owner of Autonomy, a company that allows users to subscribe to electric vehicles. He'll tell you what to look for when buying a used EV to avoid any pitfalls.
Scott Painter, Founder & CEO, Autonomy joined Grayson Brulte on The Road To Autonomy Podcast to discuss Autonomy's approach to electric vehicle subscriptions. The conversation begins with Scott discussing why he founded Autonomy.I think that great entrepreneurs, great companies have to solve a real problem. – Scott PainterOne of the key hurdles to the adoption of electric vehicles is affordability and that is the problem that Autonomy is solving with their subscription model. For those individuals who are uncertain about electric vehicles and/or concerned about range, Autonomy offers a low commitment way to discover and experience an electric vehicle without a long-term commitment. Because Autonomy owns the fleet and gathers data in real-time about the vehicles, the company is able to offer time based episodic insurance for subscribers. With this model, subscribers only pay for insurance when they are driving the vehicle, leading to a lower operating cost than a traditional lease. Overall, an Autonomy subscription is about 15% less than a traditional lease. When compared to a Tesla lease, an individual needs to have a minimum 720 FICO score in order to qualify for a lease. With an Autonomy subscription, an individual can secure a subscription with a minimum 640 FICO score. What we are really focused on is giving people the ability to get flexible access to mobility without necessarily having to go into debt. – Scott PainterThe other key differences are that an Autonomy subscription is minimum of three months as compared to traditional Tesla lease that is 36 months. A Tesla lease will report as debt on consumers credit reports, while an Autonomy subscription will not report as debt. The fact that a subscription, an Autonomy subscription in particular does not show up on your credit report as debt is a very big deal. Which also allows us to open up another really key value proposition, which is you can pay for it with a credit card. You can not pay a traditional car lease or a car loan with a credit card, because it is illegal to pay debt with debt. – Scott PainterWith rising consumer credit card debt, Grayson and Scott discuss how Autonomy approaches underwriting and how the company is constantly evaluating potential subscribers from a credit risk standpoint. In addition to the consumers's credit report, Autonomy also looks at potential subscribers insurability.The goal here is to have dramatically better outcomes than a traditional auto lender or auto lessor. We just do not want to have bad debt on the books. We want to see good quality revenue coming in. – Scott PainterTo scale up the business, Autonomy has placed an order for nearly 23,000 electric vehicles from 17 different automakers for a capital expenditure of $1.2 billion order. This order represents 1.2% of the projected U.S. electric vehicle production through the end of 2022. Wrapping up the conversation, Scott discusses how he plans to expand the business in the coming years.Follow The Road To Autonomy on Apple PodcastsFollow The Road To Autonomy on LinkedInFollow The Road To Autonomy on TwitterRecorded on Thursday, September 8, 2022See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Techstination, your destination for gadgets and gear. I'm Fred Fishkin. Autonomy is the name of an electric vehicle subscription service created by serial entrepreneur Scott Painter…founder of TrueCar and more. And this month he announced that Autonomy is spending 1.2 billion dollars to purchase...
Episode 349: Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) talk about WeWork founder, Adam Neumann's, next big project, how to make $10 million in three months, and more. ----- Links: * Alan Wong * Scott Painter * Bitpipe * Braden Wallake * Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel. * Want more insights like MFM? Check out Shaan's newsletter. ----- Show Notes: (04:50) - How much money it costs to ball out in New York (19:55) - Making $10M in a year (28:00) - Scott Painter (38:35) - Adam Nuemann. (46:55) - Worst thing I've seen: TechTarget (56:10) - Worst thing I've seen: The Crying CEO and why we need bullies ----- Past guests on My First Million include Rob Dyrdek, Hasan Minhaj, Balaji Srinivasan, Jake Paul, Dr. Andrew Huberman, Gary Vee, Lance Armstrong, Sophia Amoruso, Ariel Helwani, Ramit Sethi, Stanley Druckenmiller, Peter Diamandis, Dharmesh Shah, Brian Halligan, Marc Lore, Jason Calacanis, Andrew Wilkinson, Julian Shapiro, Kat Cole, Codie Sanchez, Nader Al-Naji, Steph Smith, Trung Phan, Nick Huber, Anthony Pompliano, Ben Askren, Ramon Van Meer, Brianne Kimmel, Andrew Gazdecki, Scott Belsky, Moiz Ali, Dan Held, Elaine Zelby, Michael Saylor, Ryan Begelman, Jack Butcher, Reed Duchscher, Tai Lopez, Harley Finkelstein, Alexa von Tobel, Noah Kagan, Nick Bare, Greg Isenberg, James Altucher, Randy Hetrick and more. ----- Additional episodes you might enjoy: • #224 Rob Dyrdek - How Tracking Every Second of His Life Took Rob Drydek from 0 to $405M in Exits • #209 Gary Vaynerchuk - Why NFTS Are the Future • #178 Balaji Srinivasan - Balaji on How to Fix the Media, Cloud Cities & Crypto * #169 - How One Man Started 5, Billion Dollar Companies, Dan Gilbert's Empire, & Talking With Warren Buffett • #218 - Why You Should Take a Think Week Like Bill Gates • Dave Portnoy vs The World, Extreme Body Monitoring, The Future of Apparel Retail, "How Much is Anthony Pompliano Worth?", and More • How Mr Beast Got 100M Views in Less Than 4 Days, The $25M Chrome Extension, and More
The Automotive Troublemaker w/ Paul J Daly and Kyle Mountsier
Walking into a much cooler Friday than last week for most of the country, we're covering a move by startup Autonomy to boost EV offerings, GM retooling and simplifying its chip infrastructure, as well as the Gen Z trend of trusting TikTok for search. EV Subscription Company, Autonomy (formerly NextCar) placed orders for 23K EV's across 17 Automakers, partnering with Auto Nation for both sales and service“The orders are for 45 different models and are valued at $1.2 billion per an Autonomy press release Will take delivery of all 23,000 vehicles within 18 months, Founder and CEO, Scott Painter told Automotive News.Until now the company only had Tesla Model 3s, and is moving to including the Model Y, several GM models including the Chevrolet Equinox, GMC Hummer EV and Cadillac Lyriq. Also about 1000 vehicles each from Volkswagen, Ford, Hyundai, Kia and Rivian and fewer than 500 each from Polestar, Volvo and CanooPainter founded TrueCar and FairTake away: We don't know if the business model will work or not, but it definitely will promote overall EV adoptionGM is retooling and significantly reducing the number of ‘chip families' it's using to clear backlogs and prevent them in the futureWere sitting on 95k assembled vehicles waiting on chips at the end o f Q2 and have cleared more than 20K of them in JulyPlan to reduce the number of chip families by 95% in future designs, to prevent future shortage CFO Paul Jacobson said the number of chip families used will drop by 95% down to 3 total. He also noted increased involvement throughout the manufacturing chainTake away: These aren't flashy announcements, but most nuts and bolts improvements aren't. That's a good thing. TikTok is becoming (or maybe IS) the preferred search engine of Gen ZWanda Pogue, Chief Strategy Officer at VaynerMedia cites a new study that shows 40% of Gen Z users prefer TikTok and Instagram over Google when it comes to search“...my Gen Z daughter had a group of friends over. I asked them about their behavior on TikTok, and they agreed: It's the platform they go to now when searching for anything, from the highest-rated beauty products and clothing trends to the best restaurants in the area or recipes to try”Gen Z prioritizes authenticity and utility which is one of the reasons why they like the visual representation with more real-world application “Social channels have become brands' digital storefronts, and the content shared on them is the cornerstone of building a modern brand. It's an always-on game of relevance, where brand channels need to be “alive” to engage existing communities'Take away: What was that you were saying about “organic content”?Get the Daily Push Back email at https://www.asotu.com/Rock with us LIVE at ASOTU CON! Tickets: https://www.asotucon.comJOIN the conversation on LinkedIn at: https://www.linkedin.com/company/asotu/Read our most recent email at: https://www.asotu.com/media/push-back-emailShare your positive dealer stories: https://www.asotu.com/positivityASOTU Instagram: https://www.instagram.com/automotivestateoftheunion
After announcing it will spend 1.2 billion dollars on EVs and rapidly expand its vehicle subscription service, what does the future hold for Autonomy. Serial entrepreneur & CEO Scott Painter joins us for episode 279 of Smart Driving Cars. Plus Tesla, Argo AI and more. --- Support this podcast: https://anchor.fm/smartdrivingcars/support
Autonomy is a startup that provides subscriptions to a Tesla Model 3. Customers can learn firsthand whether an EV meets their driving needs, without a big, long-term financial commitment. And it's cheaper than renting a car. Scott Painter, the CEO of Autonomy, explains the advantages, and also warns that the shortage of inventory in the used car market is about to get a lot worse.
Hard not to notice that gas prices have gone totally bonkers, and it doesn't look like there is much going to change that in the near future. So of course, an EV becomes a consideration - they appear to be more economical per mile, have plenty of satety features buit in, and when it comes to technology, they are rolling computors. What is not to like?Other than some range anxiety that is getting better as technology continues to improve on batteries, and of course building out a charging infrasturcture will also help. Then there is the cost....Scott Painter, CEO of Autonomy, currently based in California with plans to expand even here to Texas, has a different business model. It is a model that may enable a wanna be EV buyer to find a way into that market without mortaging the house or giving up a college education.It is different, it is interesting, and you should really listen through the entire guest segment.All this and more on this episode of In Wheel Time Cart Talk!In Wheel Time Car Talk is now available on iHeart Radio! Just go to iheart.com/InWheelTimeCarTalk whereever you are.----- -----Be sure to subscribe on your favorite podcast provider for the next episode of In Wheel Time Car Talk and check out our live broadcast every Saturday, 8a-11aCT simulcasting on iHeart Radio, YouTube, Facebook, Twitter, Twitch and InWheelTime.com.In Wheel Time Car Talk can be heard on you mobile device from providers such as:Apple Podcasts, Pandora Podcast, Amazon Music Podcast, Spotify, Google Podcasts, Stitcher, iHeart Radio podcast, TuneIn + Alexa, Podcast Addict, Castro, Castbox and more on your mobile device.----- ------ ------Want even more In Wheel Time Car Talk in 'real' time? Follow InWheelTime.com for the latest updates!Twitter: https://twitter.com/InWheelTimeInstagram: https://www.instagram.com/inwheeltime/Facebook: https://www.facebook.com/InWheelTime/ YouTube: https://www.YouTube.com/InWheelTimeTags: In Wheel Time, automotive car talk show, car talk, Live car talk show, In Wheel Time Car Talk,
Don't lease, rent or buy an electric vehicle. Scott Painter, the founder of Autonomy, says subscribing to drive an EV is the cheaper way to go. He says having a subscription does not require a credit check and can lower the average monthly cost of Tesla Model 3 from $600 to $490. And he says some EVs could be as low as $200 per month. You can follow this show on Instagram and on Facebook. And to see what Heather does when she's not talking money, go to her personal Twitter page. Be sure to email Heather your questions and request topics you'd like her to cover here. See omnystudio.com/listener for privacy information.
You've heard of leasing and owning a vehicle but what about subscribing to one? Today I speak with Scott Painter, CEO and founder of Autonomy.com about their Tesla exclusive car subscription service. Also, what are the best and worst airlines? The 2022 Airline Rankings are out. All that and more on the Driving You Crazy Podcast. Contact: 303-832-0217 or DrivingYouCrazyPodcast@Gmail.com Jayson: twitter.com/Denver7Traffic or www.facebook.com/JaysonLuberTrafficGuy Autonomy website: https://www.autonomy.com/ Production Notes: Open music: jazzyfrenchy by Bensound Close music: Latché Swing by Hungaria iTunes:https://apple.co/2fgLX8u iHeart: https://ihr.fm/2LVBvoc Podbean: https://bit.ly/2JbBiec Spotify: https://spoti.fi/30gj3zq Stitcher: https://bit.ly/3EViUk5
“Just don't give up….” On April 24, 2018, two rookie officers responded to police call for service at a nearby Home Depot to begin their shift. This call had no detailed information and most likely was a shoplifter detained by a loss prevention officer. These two officers were classmates in the academy, the best of friends, and partners, no matter how brief. They were embarking on their career as Dallas Police Officers. One survived this incident, one did not. Officer Rogelio Santander was shot and killed in that small loss prevention office by a detained suspect. The loss prevention officer, Scott Painter, was left critically wounded. Officer Crystal Almeida, Rogelio's partner, survived after suffering a crippling gunshot wound to her head. The bravest of souls chose to share her story of partnership, survival, and recovery with our listeners. She begins with her humble upbringing in El Paso, the start of her career in the Texas Prison system and getting hired by Dallas Police Department in 2014. Crystal describes her journey from the academy to Northeast patrol where she reunited with Rogelio. Officer Almeida has been awarded the Medal of Valor, Police Shield, and the Blake Anderson Public Service Award. She is a Star of Texas and Theodore Roosevelt Award recipient and was selected as the Adaptive Training Foundation Athlete of 2019. Under this chest full of medals is an enormous courageous heart of service. This episode frames the special connection endeavored in police partnership. Crystal's determination will ignite your conqueror spirit. Her kinship with Rogelio will clench your grasp on divine connection. She came to the microphone to dauntlessly bolster the memory of her friend, Rogelio. Her wife, Samantha Baquera, joined Crystal in our studio to fearlessly share the reality of perseverance and healing. The ATO Bridging the Divide podcast released Episode#32 on April 24th as a remembrance of Officer Rogelio Santander, #10934, and how the memory of his smile continuesto embrace Crystal. This episode is hosted by Misty VanCuren and special guest host Detective Angela Arredondo. Angela is a 24- year veteran with the Dallas Police Department. She played the vital role as the lead detective in the Special Investigations Unit by interrogating the suspect on this incident subsequently leading to a conviction.
Scott Painter and Georg Bauer return to the show to discuss their venture called Autonomy, which has launched an electric vehicle and zero-emissions vehicle subscription program, starting with the Tesla Model 3.
The Automotive Troublemaker w/ Paul J Daly and Kyle Mountsier
After a wild weekend for the NFL there are lessons learned and hopes and dreams growing. We also talk about the new venture from TrueCar founder, Scott Painter as well as our thoughts on the recent crypto crash.
On this week's episode, Jim sits down with Scott Painter, founder and CEO of NextCar, a major disruptor on the sales side of the auto industry. Scott has devoted much of his career to solving the problem of car ownership – updating the model, reducing the headache, and making the marketplace more efficient. He and Jim discuss his journey from 1-800 Car Search to today, bringing a subscription model to car ownership, and how NextCar is leveraging dealer inventory in order to bring down customer acquisition cost.
Georg Bauer and Scott Painter, who worked together at Fair, have reunited at NextCar Holding Co. They're also back on this podcast, where they discuss the genesis of their company that aims to help vehicle subscriptions scale profitably.
Scott – Founder of TrueCar, CarsDirect.com and Fair has spent his entire career focused on the single problem of buying and owning a car. Joining the army, dropping out of college after selling his first business and focusing on what's within your control. Also, the future of cars.
Scott Painter of Bird's Eye Aerial Drones, is a repeat guest; we're checking back in on his business. He realized in the military that drones were the future, and in 2014 he started the company. A disabled veteran owned business, gathering aerial data. Their niche is unmanned, aerial data collection, and utility companies are a big part of their business. The utility companies are worried about their rural, forested assets starting fires and so monitoring them is highly critical, keeping the utility lines safe from fires. A California headquartered company, Scott's first customer was a California high school. They had re-done their football field. From the ground view, it looked like they had a botched job. So Scott suggested aerial views of the field, which showed it to be a beautifully laid out facility. There is one big concern for the business: They fly China-made drones. There has been scrutiny about being able to protect data and not let it get into the wrong hands. And while Bird's Eye has its clients sign off to the awareness of the issue, it is still something they have to keep their eye (no pun intended) on the situation constantly. Veteran Founder Podcast with your host Josh Carter We record the Felony Inc Podcast inside NedSpace in the Bigfoot Podcast Studio in beautiful downtown Portland. Audio engineer, mixer and podcast editor is Allon Beausoleil Show logo was designed by Carolyn Main Website was designed by Cameron Grimes Production assistant is Chelsea Lancaster Theme music: Artist: Tipsy Track: Kadonka Album: Buzzz Courtesy of Ipecac Records 10% of gross revenue at Startup Radio Network goes to support women entrepreneurs in developing countries thru kiva.org/lender/markgrimes Listen to the Veteran Founder Podcast live on-air every Friday at 1:00pm pacific time on Startup Radio Network at startupradionetwork.com
Scott Painter is Fair's Founder and CEO, and a serial entrepreneur in the automotive and technology industries who has founded dozens of disruptive companies over the past 25 years. Prior to Fair, Scott founded TrueCar with the aim of eliminating negotiation from the car-buying process by providing data-driven pricing research to both dealers and consumers. Painter also founded Cars Direct, which took the pioneering step of introducing upfront pricing to auto retail. Painter regularly attends TED, All Things D, and is a member of the World Economic Forum, regularly attending and speaking at its annual meeting in Davos since 2011. “reputation is everything”…[Listen for More] Click Here for Show Notes To Listen or to Get the Show Notes go to https://wp.me/p6Tf4b-7bZ
Techstination interview: Fair vehicle subscription service acquiring Ford's Canvas: CEO Scott Painter
Do you want to learn about how the traditional automobile ownership model is being disrupted or you thinking of starting a career in the ride-sharing business (like being an Uber driver) without having a car? Be sure to listen to this episode of Silicon Valley Insider with Keith Koo. On this week's show, Keith has serial entrepreneur and special guest, Scott Painter, Founder and CEO of Fair.com to discuss his innovative approach to automobile leasing using Fair's Fintech platform. Fair allows users to obtain used cars at a low cost with only a valid driver's license and form of payment to get started. Scott talks about his lifelong love of automobiles and how to empower consumers to reach their financial dreams. Scott previously was the founder and CEO of True Car and has won many awards for entrepreneurship and innovation: https://en.wikipedia.org/wiki/Scott_Painter On this week's Cyber-Tip Keith discusses how the US Government Accountability Office (GAO) recommends that federal agencies no longer use Knowledge Based Authentication (KBA) to verifies identifies and what it means to you the consumer and how to protect yourself. On the Pivot, Scott Painter and Keith discuss the shift in attitudes towards traditional credit and debt (such as auto loans) and how consumers are looking at companies like Fair.com for alternative financing to car loans. www.svin.biz Scott Painter and Fair.com in the news: Bloomberg: https://www.bloomberg.com/news/audio/2018-07-26/buying-a-car-is-one-of-the-worst-financial-decisions-fair-ceo Cheddar: https://cheddar.com/media/ceo-scott-painter-says-fair-will-have-go-public-sooner-or-later Barron's: https://www.barrons.com/articles/uber-fair-partnership-51559188011 Forbes: https://www.forbes.com/sites/jacknerad2/2019/05/29/uber-fair-announce-program-to-turn-car-less-into-rideshare-drivers/#364754887209 Listen Fridays 1-2pm on 1220AM KDOW Silicon Valley | San Francisco Listen and subscribe to the "Silicon Valley Insider" Podcast ahead of time to make sure you don't miss this show. First airing is 1-2pm on 1220AM KDOW Download the podcast at 2pm Friday's For questions or comments, email: info@svin.biz Be sure to subscribe and listen to the podcast. You can also listen to past podcasts here: Castbox: https://castbox.fm/channel/The-Silicon-Valley-Insider-Show-with-Keith-Koo-id1100209?country=us iTunes: https://itunes.apple.com/us/podcast/the-silicon-valley-insider-show/id1282637717?mt=2 Android, Spotify (and iTunes): https://omny.fm/shows/the-silicon-valley-insider-show Email us at info@svin.biz or find us here: www.svin.biz https://stitchengine.drishinfo.com/index.jsp?sId=15540&source=sh Artificial Intelligence, AI, Blockchain, Big Data, Data Analytics, Cyberrisk, Information security, VC, Venture Capital, Angel Investments, Fundraising, Capital Raising, Investor, Human Rights, Technology for Good, UN SDGs, Emerging Technology, #Patreon
Navy vet Scott Painter enlisted at age 17. An aircraft enthusiast, he knew that most of the aircraft putting out the firepower were launched from aircraft carriers. A six-month contract with the Marine Corps gave him experience to begin his entrepreneurial career. So combined his love of aircraft with his technical background to start Bird's Eye. And he has constantly expanded his marketing mind to stretch to agriculture, environment, construction and even the entertainment industry. Veteran Founder Podcast with your hosts Josh Carter and Carmen Nazario We record the Felony Inc Podcast inside NedSpace in the Bigfoot Podcast Studio in beautiful downtown Portland. Audio engineer, mixer and podcast editor is Allon Beausoleil Show logo was designed by Carolyn Main Website was designed by Cameron Grimes Production assistant is Chelsea Lancaster Theme music: Artist: Tipsy Track: Kadonka Album: Buzzz Courtesy of Ipecac Records 10% of gross revenue at Startup Radio Network goes to support women entrepreneurs in developing countries thru kiva.org/lender/markgrimes Listen to the Veteran Founder Podcast live on-air every Friday at 1:00pm pacific time on Startup Radio Network at startupradionetwork.com
EP002 - Senior Editor of Auto Remarketing & Auto Remarketing Canada, Joe Overby http://www.vehicle2.getspiffy.com Episode 2 is an interview with Joe, Senior Editor of Auto Remarketing & Auto Remarketing Canada; recorded on Wednesday, March 6th, 2019. He and Scot discuss a variety of topics, including: Joe’s position at Auto Remarketing Vehicle lifecycle - how people are buying and selling cars How changing ownership models (car-sharing, subscriptions) are influencing rental car agencies and dealerships The evolution of automotive auction, both physical and digital The progression of technologies for more connected cars Affordability of electric vehicles, as well as the availability of used EVs Slow down in autonomous vehicle hype It looks like dealers, auto auction companies (KAR/Cox) and rental car companies are on a collision course around the fleet maintenance/reconditioning/remarketing space Be sure to follow Joe on LinkedIn! Check out the multiple events hosted by Auto Remarketing and Auto Remarketing Canada, such as the Auto Intel Summit and Used Car Week. If you enjoyed this episode, please write us a review on iTunes! The four pillars of Vehicle 2.0 are electrification, connectivity, autonomy, and changing ownership models. In the Vehicle 2.0 Podcast, we will look at the future of the auto industry through guest expert interviews, deep dives into specific topics, news coverage, and hot takes with instant analysis on what the latest breaking news means for today and in time to come. This episode was produced and sound engineered by Jackson Balling, and hosted by Scot Wingo. Transcript: Scot: [01:01] Welcome to the vehicle 2.0 Podcast. This is our second episode and it's being recorded Wednesday, March 6th, 2019. In this episode we have our first guest and I'll give you a little background. So here at Spiffy we are doing a lot of work at automobile auctions. It's a whole industry I've always heard about but never had experienced. So I was, I was reading online at a great site called Auto Remarketing and I kept seeing some content there by a guy named Joe Overby. And I said, "Wow, I've got to meet this guy some time" and went to his bio and discovered he is here local. So Joe is going to be our first guest here on the show. Joe: [01:37] Scot, thanks for having me. Scot: [01:38] Yeah. When we have 500 shows out, you'll, this'll be, you'll put it on your resume. Joe: [01:42] That's right, first ever guest on Vehicle 2.0. Scot: [01:43] Yes. We really appreciate it. And you're the senior editor of Auto Remarketing and Auto Remarketing Canada. So that's interesting. So you speak Canadian apparently as well as English. Joe: [01:56] I try to. My southern accent, a little bit, gets in the way. Scot: [01:59] Is that on your title? So you can go get some of the delicious Canadian beer or? Joe: [02:04] You have delicious, delicious Canadian beer and they have the gravy fries, which are out of this world. Scot: [02:11] Yeah. Yummy. Joe: [02:12] Going up there in two weeks for that. Scot: [02:15] Cool. Let's start off and kind of orient every, all the listeners about your background. How did you get into the industry and where you are today? Joe: [02:23] So I went to went to NC state and I majored in political science, did a minor in journalism and had worked in for technician for a few years. And the student newspaper and then had a job in sports writing at a newspaper in Georgia right after college and worked there for two years and decided I want to try something different and get into magazines and applied for the job back here in Raleigh at our S&A Cherokee, which is the parent company of Auto Remarketing. And I've been covering the auto industry for about 12 years now. Scot: [02:54] Awesome. Cool. Yeah. And NC state. Awesome. Go pack. Joe: [02:59] Yes sir. Scot: [02:59] Tell us more about Auto Remarketing. So is it print and online? Just online? And what kind of audience do you guys have? We'd love to know more about the publication. Joe: [03:14] So we're print online and we have a digital edition are online. You know, we have our website obviously, and then we have a wide range of e newsletters that we send out, kind of that's how we get our stories out. Our largest e-newsletters, a daily morning one that goes out to about 22,500 subscribers. And then we have, you know, various other daily and weekly newsletters. They're about the same size or smaller. And then we have a print publication that goes out to 36,000 subscribers and then a digital edition of our same, of the same magazine. It goes out to 50,000. And then we have the same another publication Auto Remarketing Canada for our Canadian audience. And that also has a weekly and daily newsletters, and also a digital edition as well along with print. And then a colleague of mine, a guy by the name of Nick Zulovich, he heads up a couple of automotive finance publications. So we have one kind of specializes in the fin-tech space and then one that specializes in kind of the subprime lower tier financing in automotive as well. Scot: [04:28] Yeah. And then the broader Cherokee, are all their publications automobile-oriented or do they go into a lot of different kinds of B2B verticals? Joe: [04:35] Most of it actually is automotive B2B. I think we have four prints, automotive publications, but then we've also got two local lifestyle magazines. Folks here in the Triangle area, probably know Cary Magazine and we just launched a magazine for Holly Springs and Fuquay called Main & Broad. And then our company also has done several custom publications where, you know, maybe it's a, an association or a, you know, company that will publish a custom custom job for them. But mostly, yes, our bread and butter is the automotive space. Scot: [05:11] Very cool. Yeah, it's interesting. The, you know, you read the headlines, print is dying out, but I think that's the daily newspaper. But it seems like where there's a lot of vibrancy is in kind of hyper local. So people want to know a lot more about what's going on with their community. And then also in, in kind of a lot of the B2B verticals, seems like you have those bases covered. Joe: [05:30] We've got a, we've got a captive audience, so to speak for the, for the B2B as well. Yeah. Scot: [05:35] Well, cool. We've got a ton of stuff we want to talk about. Let's start with what I call the vehicle life cycle. It seems like you guys got financing and then then kind of like, you know, the, the used car side, the remarketing refurbishing side. What are you seeing there, you know, around behavior around how people buy and sell cars. Is that changing or it's kind of the same it's been over the time you've tracked it? Joe: [05:59] Certainly. Probably since about 2013, well, 2014. It's become a lot more digital in terms of the actual transaction. I mean, you had, you know, back then you had a lot of companies like Carvana, you know the BPs of the world, the rooms that have launched in the last five years. And more consumers, even if they're not maybe signing on the dotted line and buying completely online, they're doing, if there's five steps to car buying, they might be completing four of 'em online and then going and picking it up at the dealership or, or, you know, setting up the deal online. So I think you're seeing a lot more movement to completing some or all pieces of the process online. And, and, and it's not just these, the startups that are doing it, dealers are getting into the game as well. And you know, using software providers to get in the game themselves in terms of online buying and selling. Scot: [06:56] Yeah, I think one of the Superbowl commercials that was my favorite was, I can't remember if it was Kia or Hyundai. Bt they had the commercial where the guy was in the elevator and it was Jason Bateman, and there was like root canal. And you know, like all these things and then like the bottom kind of the bottom level was buying a car and they were that company that, oh, that OEM was rolling out a model that was very Carvana [inaudible] will come to you, you have a return period. That kind of a thing. So I think it's been interesting to watch that. Joe: [07:25] Yeah, for sure. I mean the automakers are doing it and they're, they're doing it through their dealers. I mean partly obviously cause a franchise dealer laws that they have to go through their dealers. But you know, they, they've got the infrastructure of, of these large dealer networks that they can set that up. Yeah. Scot: [07:40] How about, I'm kind of staying on the topic of the vehicle life cycle. You mentioned your sister publication around finance. What's, what's new there? I know I've seen some data that leases are, are quite kind of, you know, continue to be the most, one of the increasingly popular ways to, to, to finance a car. What else are you seeing in that? Joe: [07:59] Well, I'm one of the, one of the alternatives now is some of the cult subscriptions and they, you know, instead of in one of the, one of the models that has launched recently is one called Fair, which was launched by a guy named Scott Painter who was the CEO and founder of True Car. And he brought in a guy named George Bauer who's a former executive with the German automotive. And I believe, you know, it's had a lot of, a lot of experience in, in that, in that space as well. But you know, they models like that kind of had, I've taken on the approach of, you know, why jump into a 60, 66, 72 month loan when you can subscribe to a vehicle for, you know, a year if you want it at three months, if you want it. And then kind of get out and move on to the next one. And it's, you know, not to get in the weeds too much, but it is a different little bit different model than say, you know, a rental or a lease. But it just gives another flexibility for, for someone who doesn't want to set up financing for the next six years of their life. Scot: [09:04] Yeah. Yeah. That, that's a good segway. So part of the reason we started this podcast is we at Spiffy. We've put out this framework, we call the vehicle 2.0 framework and it's got four components, changing ownership, connected car electrification and autonomous vehicles. And you know, Fair is a good example of kind of the changing ownership going from kind of long leases to kind of micro leases. Then you've got Getaround, and Toro. That's more Airbnb kind of like, you know, sharing almost car sharing. And then it's really topical because I'm sure you saw Lyft filed their IPO and it's kinda caused this whole raft of in there, you know, Lyft talks about long-term, they don't think everyone's going to own a car. And then now I've seen like six top level articles about, you know, what's happening with car ownership. Any other interesting car ownership trends you're seeing? Joe: [09:53] Well, I just, I think that the, in terms of car ownership, there's just such a variety of alternatives. Now, I mean the, you mentioned Lyft, I mean one of the stories we had this week was Lyft has partnered with Cox Automotive, which owns kind of a variety of different vendors in this space. And they're on the service side. You know, when, when you, there's a dealership service department platform where, you know, when you take your vehicle to get serviced, they've got an automatic partnership with Lyft. So instead of having a, a loaner fleet, that dealership can just get set you up with the Lyft vehicle for that, you know, for the time period that you're, your vehicles in the shop. And, you know, you've seen those Enterprise commercials with, I think it's Joel McHale where he says, you know, you can rent a car from enterprise, you can, you know, car share with enterprise or you can buy it from enterprise. So I think companies are realizing the, the amount of variety of, of different ownership models and the way people want to interact with their cars these days. Scot: [11:00] Yeah. So sometimes you know, the articles kind of doom and gloom for kind of the traditional dealer. Do you think the dealer is kind of a dinosaur in this model or did they, they have to kind of just pivot and become more of like the service center? So if we kind of go to the extreme, right, and we, we kind of, I think, you know, we believe car ownership's going to be more of kind of fleets owning cars and people kind of, you know, using them on a smaller kind of timescale. It's not, all these things are never going to be 100% either. I come from the world of eCommerce and we're like 15% of the city of retail is on the commerce. We've been at it for 25 years. So, but you know, imagine there's a day where more like 20% of cars are, are kind of a fleet kind of a model. Where do you think the dealer falls in that spectrum? Joe: [11:45] Well, I think at this point there's still, there's still very much in the game. I mean, a lot of these models that we talk about Fair and, and some of these subscription models, they, they worked through the dealership. So, you know, you may, the end consumer may go to their app and, and you know, subscription program or some sort of alternative ownership program that they access through an app. That company, a lot of times we'll still buy the car, you know, the delivery of the vehicle still through that dealership and a lot of the dealerships are offering these services themselves. So I think that they, I think it's more of a pivot that a dealer, you know, may shift part of its business from, you know, 100% retail sales to portions of it being, well part of our inventory is going to be first subscriptions or car sharing, you know, for a ride hailing drivers and that sort of thing. I do think there's an opportunity as well for dealers to be in the service business. I mean, for these vehicles, the service business of, of a dealership has long been the most profitable anyway. So, you know, they're, I think they're very excited about, you know, the ability to change their model. I mean, I was talking to a dealer recently who said that it's in dealer's nature to sell what the consumer wants. I mean, it's a simple statement, but, you know, dealer, a dealer wants to sell, however, you know, whether it's an electric vehicle and autonomous vehicle or, or an alternative method of ownership, a dealer wants to be the person selling that car and they're going to do it. Scot: [13:25] Yeah, absolutely. How about, and this may be out of your purview, but we were doing a lot of work now with rental car companies and I had kind of assumed that they would be on the decline because I've gone through a phase where if I go to a city now, I kind of do some math and figure out am I just gonna kind of Uber around or am I going to rent a car? And you know, that that bar is kind of increasingly leaning towards more ride sharing. But I was surprised to find rental car companies that are actually growing pretty nicely. What do you think, you know, are they kind of going to start competing? The other argument could be maybe rental car companies are better equipped to manage these kind of future fleets than dealers are. Do you have any point of view on that? Joe: [14:06] That's, that's interesting. I mean, I think they certainly have the, if you think about what they already do, you know, a lot of them already sell cars. Just like dealers, you know, they have, they operate in many ways like dealerships. Scot: [14:21] Yeah, and they have more flexibility because like, you know, dealers get kind of locked in, if you bought it here, I want you to service it here and you know, and they're locked into one type of vehicle. Like I'm not going to take my, my Honda to a Lexus dealer for now. They may actually, sometimes you talk to dealers and they would actually do that, which always surprised me. I never knew that was a thing. Yeah. But most consumers don't think that way. Whereas whereas Hertz, Avis, etc. Are, you know, manufacturer agnostic. Joe: [14:44] And they do have, I mean, you know, a dealer, a dealer wants to get that, that new car sales there. They are going to take a trade in and then, you know, either use it on their own lot or, or take it to auction or, or you know, dispose of it via wholesale. But, as far as rental companies, I mean, I think, you know, they certainly have the type of infrastructure, national footprint that automaker or franchise dealership system has. They also recently, I mean, if you'll notice that a lot of these companies, either their, you know, the, the large rental car companies are either outright buying some of these smaller alternative, physical ownership platforms or they're working very closely with them to partner, you know, cause they know that they know that, you know, when, when you go, when, when somebody goes to travel there, they're doing the math that you just described. You know, it actually be cheaper for me to take a Lyft to and from a hotel rather than, you know, renting a car. And I think, I think those companies are doing the math and partnering with some of those companies. And, you know, they, I know that they're even getting into the connected vehicle space as well, these rental companies. You know, I think they're just as progressive, you know, in terms of this technology as the dealership and automakers are. Scot: [16:22] Yeah. And I mentioned at the top of the show that, you know, you guys put a lot of great content out there about auto auctions. That's when, as an eCommerce guy, it's kind of interesting to think about, you know, I haven't visited one, but a lot of people at Spiffy have, and then they seem to be these giant fields full of cars. And you know, there's, there's a point in time like a Wednesday morning and three days before Wednesday, you know, tractor trailers are showing up with cars and unloading them and then they're getting washed and they're putting them through an auction process and they're loading them back up. It just seems like a hugely physical analog kind of a thing in today's world. Is digital hitting auto auctions and, and what's that look like and give, give listeners that maybe they don't even know the industry, like maybe a high-level overview of and what's going on. Joe: [16:57] Yeah, absolutely. I mean, I think the, I mean, first of all, the physical auction space definitely is still happening. I mean that, physical sales, you know, are still going on every single week, every single day. But you do have where the two, the two largest corporate physical auction companies in the US, Manheim and Adesa, Manheim is owned by Cox Automotive, which is part of this global huge company, Cox Enterprises, Cox Automotive. And then you have Adesa which is owned by Clorox and services, which is a publicly traded large company. Both those companies are pushing more and more on their auction side to digital. I mean, I don't have exact stats in front of me, but it's about 50/50 of their auction sales involve some digital element, whether it's somebody buying via simulcast or you know, somebody sitting on a computer and buying through an online auction. They're pushing, those two large companies are pushing more of their business to the digital side. Scot: [18:08] But digital, is like an overlay on the physical or, or is it actually a separate digital thing so I could buy one and it's not actually in a physical auction? Joe: [18:15] Right. So a little bit of both. Actually. The, for example, car and services, which owns Adesa also owns a online auction company called Trade Rev. And that is completely digital and you think, oh, it's kind of cannibalizing. But no, it's, it's really a compliment to their existing auction business. Cox Automotive has, you know, dealer to dealer sales platforms. They have online auctions. So you know, these companies, the approach that I've seen them take is they want to sell however the buyer wants to buy. I mean, and dealers are just like consumers and that a lot of them are moving more towards making purchases digitally. That said, I mean, there's still a huge role for these, for these auto auctions. I mean, there's, some of them, for example, at Manheim, there's a former Manheim location that now has been turned into a mobility fleet servicing center. So what they do is they, you know, they do all of the things that need to happen with a fleet of, of mobility vehicles. So gassing them, washing, reconditioning. All of this sort of services you might think have to happen on the backend, this former auto auction does. And I think you're going to see a model where you know, an auto auction might do a little bit of both. They might still have those physical sales in the lane every Wednesday morning, but also sell vehicles digitally and act as a service center for all kinds of, you know, they already do a lot of ancillary services anyways. Now they have a new client and these large fleets of, you know, ride sharing, car sharing, you know, subscription services that it's a new clientele that they can serve as those vehicles as well. Scot: [20:15] Yeah. So it kind of sounds like we've got three factions fighting for this future of, of you know, fleet management. So you've got the dealers and the OEMs kind of aligned on one side. And in the eCommerce world, it's interesting. So, you know, you have kind of brands and retailers and, and those guys have fractured themselves because there's been a lot of channel conflict where the brands are starting to go around kind of their traditional channels. So it'll be interesting to see if that happens. But that's one faction do, we had the rental car kind of faction and the now it seems like the auto auction guys kind of also want to put their hat in the ring for managing this. Joe: [20:48] Yeah, absolutely. And, and even then, you also have a, aside from the, the large kind of corporately owned auctions, you have a lot of independent independently owned auctions. I mean there's, I don't know the exact count, but there's hundreds of independently owned auctions and they're, you know, they're just as innovative and then getting into the same type of a, the same type of play that, that these, you know, large corporate auctions are as well. Scot: [21:16] Yeah. And I saw a company called ACV Auction, am I saying that right? And they just announced, I forget the amount, but it was like a big raise. Was it 70 million, a hundred. It was like a, it was kind of eye popping. Let's see if I can find that. But that's more of just kind of a new new entrant. Right. So just pure digital if I understand? Joe: [21:35] Yeah, absolutely. They are a digital dealer to dealer online auction and they have been, I mean it seems like for a while there, almost every other store we had was about them than raising capital. I mean they, they have been, they hired a relatively new CEO I think has somewhat of a Wall Street background and funding background. A guy named George Simone and they have just been raising money and raising money and then, you know, Trade Rev, which I mentioned earlier is I guess it would be a competitor to theirs. And they're, they're owned by, you know, one of the publicly traded large company in the auction space. And then you have, there was a new, a company from Canada called Eblock, which they just launched in the US in Burlington, Vermont. And then you have just tons of other companies into this, in this digital, wholesale space where if you think about Carvana and Vroom and some of those companies and just think about, you know, those they're in customers or retail customers like you and me, ACV, Trade Rev, their customers are, they're doing essentially the same thing, but their customers are dealers. Yeah. And there's just, they're well capitalized. There's lots of them. And you know, I think it's a growing space. And then you, and then to add to that, there's, you know, a company like a Smart Auction, which is a piece of Ally Financial. They'd been around for 20 plus years doing this. And there's, it's, it's a growing space. Scot: [23:09] They're coming at it from the financial side? Joe: [23:11] Well, they're an online auction, but they, you know, it's, it's a similar concept to me as it were. Dealers can go in and buy car wholesale cars online for their inventories. Yeah. Got It. Does Cox so, so noticeably absent for that was kind of Cox, do they have a digital auction platforms? They do. They have OVE. They have Manheim Express, which is a dealer to dealer platform. And you know, they're, they're very much involved in digital wholesale. Yeah. Cox Automotive. Scot: [23:42] Cool. And while you were talking, looked it up. So they raised a ACV auction, raised 93 million in December and they've raised 150 million total. So that's a pretty considerable. It's interesting because watching, so I come from the marketplace world and they've, they've kind of gone through this kind of touchless to high touch. So, so kind of the famous example is a lot of people use Open Door. I don't know if you've ever shopped for a house now, but they'll go in and buy the starter homes and a whole area of, so here in the triangle they've bought like any house, but between kind of 102k, they'll go buy it and then they'll run a marketplace. So, so imagine like, you know, Zillow went out and bought all the houses and was selling them. So it'll be interesting to see if we kind of go full circle and see someone like an ACV actually taking some inventory risk or something. You would imagine with raising that much capital there, there's gotta be something going on there that's all that it's a lot of engineers behind the scenes deal for $200 million. Okay, cool. So changing ownership, some interesting trends there. How about connected car? What, what did, what do you think happens in a world where our car is kind of connected to the cloud and, you know, it lights up a lot of nice new features for, for the consumer, but what else does it mean for the future of cars? Joe: [24:56] Well, I think that this number one, it's sort of been progressively happening already. I mean with, with Onstar, with General Motors, you know, having the, having that kind of feature. And then, you know, on the way over here I had my, how to podcast and music and directions going through my phone. So there's already a level of connectivity in cars and, and I think that is a bigger, not worry, it's going to be here faster, I guess, than autonomous vehicles. Yeah. I've, I've heard that, I've heard that in the industry that, you know, that's, people aren't talking about that as much as they are autonomous cars, but I think there's a greater chance that we have connected vehicles much quicker than we have self driving vehicles. It'll be interesting it, you know, what's the, you know, what are some of the purposes to that, you know, is it safety? I mean, that, that would be a, to me, you know, cars communicating with each other, you know, could be a big help for safety is that, you know, when cars are too close together or, you know, does it help avoid accidental oil, you know, or accident avoidance. I think that's a potential play there. I mean, obviously the infotainment is, we're already there. Yeah. But I think there's a lot of, a lot of room for growth there and I think you're going to see that quicker than, than you are autonomous cars. Scot: [26:26] Yeah, it's been interesting. So a lot of, a lot of companies kind of went with their own kind of, you know, app, App store thing and now it seems to be kind of standardizing on a, you know, the Apple system or the Android and kind of Amazon. It seems to be having some legs with Alexa, kind of, in the car. Yup. It's interesting to see what happens there. Joe: [26:46] And another point to that. There's a, there's been a couple companies that have come out with basically devices that you plug into the onboard, got an onboard diagnostic port. And so as long as the vehicle is something, it's either sometime in the 80s or sometime in the 90s that if your vehicle was made after a certain point, you can turn it, you know, 1995 Toyota Camry into a connected car by plugging in their device to a, to the onboard, the OBD two sensor. So it's, it's really interesting. Even used cars are becoming connected cars. Scot: [27:21] Yeah. And some companies like a Verizon has Hum where now that not only do you plug that in, so sometimes you can plug the sensor ended, it'll talk to your phone and get to the cloud, but sometimes it will have its own cell phone connection in there so it can, you know, to your point it can, it can add retroactively add connect to capabilities. Yeah. Electrification. So there, there's a, you know, avi is a autonomy is like the shiny bulp, but in the industry, but electrification seems to be kind of grinding out a lot faster. What do you think about that? Joe: [27:51] Well, I think the biggest issue I see is affordability. I mean, new car affordability in general is already an issue. And it's driving a lot of people to the used car market right now. And that is partly as a function of consumers more interested in trucks and SUVs and crossovers than they are sedans. It's a, naturally the price goes up on those vehicles. But you know, I, I think you look at it like the Tesla's of the world and some of these, you know, electric vehicles or are too far past a price point where they don't make up for the gas savings. But I think there, there are people working on that. I mean the, actually the next, next couple stories I'm working on, one of them is about a, a company called Current Automotive and they are a used electric vehicle dealership that sells primarily online. They're actually one of the co-founders is part of the, or has families that the built Jacobs Automotive Group up in Chicago. And then the other co-founder I believe is a former Tesla executive, but they are, you know, having, having the point now we're where there's enough used electric vehicles that are hitting the market. Having that infrastructure of a, of a dealership type of organization that can sell them, you know, I think should help some of the affordability around electric vehicles. Scot: [29:23] You don't think a $35,000 Model 3 is, we think we have to go lower than that? Joe: [29:29] Well no, I mean I don't think so cause I, I think that the way new car prices are now, that's probably about what average for a new car now. Scot: [29:38] Yeah I think average is between 30 and 40k. Right? Joe: [29:39] So, you know, I don't know there has to go lower than that, but I do think it is a positive sign that there are going to be used vehicle options for people that, you know, don't necessarily want to shell out 35 grand at the low end for an electric vehicle. And then, you know, you had another, another kind of story we're looking into is the the former House majority leader Richard Gephardt,is signed on as an advisor with Fisker Automotive. And they're in that same kind of electric vehicle space in there. They're looking to basically solve the pain point of, you know, creating a, a workforce for people to build electric vehicles. And so I think with more options I think the price will come down on, on electric vehicles. And again, going back to the kind of the different types of ownership models, there's several different iterations of electric vehicles. You know, you have your hybrids, you have your- Scot: [30:44] Different plug in hybrids. Joe: [30:45] Exactly. Yeah. I know a lot of people that are doing the plug in hybrid thing kind of helps with the range anxiety to have an internal combustion engine there. So I think there's, there's more options come to the table. I think you'll see the price come down and more people get into them. I don't think we're going to get it go away from internal combustion engines. I mean, not only because of the infrastructure challenges, I mean there's, there's political challenges do it as well. I mean, there's entire industries that would lobby against that. So you know, I think, you know, I know certain countries are probably will go 100% evs, but I don't think that's going to happen in the US. Scot: [31:26] Yeah. China seems to be very aggressive. So they're, you know, they've got massive pollution problems and they're pushing for that big subsidies. And they're building out of the, all of the infrastructure will be interesting to see what happens there. Do you guys cover electrical infrastructure at all? Like, do you know how many chargers and companies like Chargepoint? There's a lot of startups trying to dissolve the charging challenge. Joe: [31:46] Not yet. I'll say, we, you know, our focus has mainly been in the the used car retail and you wholesale space and sort of the, that side of the industry. But in the past, you know, three or four years, we've really ramped up our, for lack of better word, automotive technology coverage, whether it's mobility, whether it's, you know, EVs online buying eCommerce as become a huge part of the industry. And so it's kind of been a huge part of our, of our coverage. So I think as, as more of those models gain traction, that that'll be something we'd probably open, open ourselves up to a little bit. Scot: [32:24] Yeah. I think the industry is not really ready for electric cars because when we visited an auto auction and they had almost a whole, there were helping Tesla do a kind of a bunch of refurb kind of stuff. And their biggest, one of their biggest challenges was having so many Teslas there, they couldn't charge them all. Joe: [32:41] Yeah. Scot: [32:42] So they would like, you know, they had a line of a hundred Teslas and over, you know, over a period of time the batteries, you know, they're, they're using some electricity and they would kind of brick the, the vehicle and have to go figure out like once it's bricked, it's hard to get it to two power. So, so, you know, it's interesting to like, you know, the, the infrastructure we always think about on the consumer of the retail side of charging, but it kind of flows through, you know. Imagine a rental car company trying to do this and you know, having to add, you know, they're going to have to charge hundreds of vehicles overnight and the infrastructure, on that side, I don't think a lot people think about that. But that's big too. Joe: [33:15] And there's probably companies out there that eventually if they're not already, would go and work with the rental car companies and the auto auctions that they can set up charging stations. You know, if they say we've got too many Tesla's here at the auction, the charge, all of them, you know, at this company as I'm sure it could come in and do that. Scot: [33:34] Yeah, they're expensive though. Each one of those is like, you know, a hundred to 200 k and like with, when you put it all in with the, the backend electrical plus the wiring and the head unit. Yeah. It's expensive. Yeah. Cool. And then the, the shiny bulb in the industry is autonomous vehicles. What do you think about that? Joe: [33:52] I think it's going to be awhile before they gain a whole lot of traction. I think there's, you know, what I've seen mainly is that it will be like as a staged rollout where it's, each level is kind of staggered I guess. But you know, I think last year the, the much publicized, you know, unfortunate, you know, the accidents that resulted in fatalities involving self driving cars. I mean I think that kind of slowed it down a little bit. I think the, there's too many, too much safety concern right now. Whether that's overblown, it's still there. I mean I think, there's a lot more testing that needs to be worked out before those gain any kind of real, you know, measurable market share. Scot: [34:40] Yes. Yeah. It's been interesting to watch it CES. I haven't been to CES in a while, but I watched the coverage. And this is the beautiful thing about social media, you don't have to go to these things anymore. Save a trip. And it seemed like the last three CESs is prior to 2019 we're all a lot of autonomous vehicle hype and then this year it was kind of like the reality of more of the things they were showing were, you know, really constrained public transit kind of thing. Just so you know, these vehicles are going to go in a very predetermined route with its own lanes and a very safe kind of approach and they're only going to go 20 to 30 miles an hour and they'll have a human in there. And so really kind of pulling back from that, you know, I'm just going to hop in a car and it's gonna drive me coast to coast and I won't, I can sleep or something like that. Joe: [35:22] I think it's more of a pragmatic approach. It's cities looking at how do we solve these mass transit issues, you know, whether it's a or, you know, even even companies, I mean who were, you know, if it's a, if it's a self driving a shuttle at a company or something that it goes around the campus or, or you know, helping cities out, solving those, solving those issues, more of a pragmatic approach rather than a retail consumer just wants a self driving car, like, you know, on the Jetsons or something. Scot: [35:51] Yeah. So any other trends in Auto Remarketing that, that are kind of top of mind with you? Joe: [35:58] Well, I think going back to the, just the increasingly digitize digitalized presence of, of the auto auction industry. I mean I, I think there is, it's an interesting time because so much of it is, is going digital, you know, and despite there being still the need for the physical auto auction because you're moving these large assets and it's, you know, there's a lot of physical movement. It's still needed in the industry. It's interesting to see how you'd mentioned the ACV investment. It's, it's been really fascinating to watch how much money and how much attention is, is getting paid to, to that side of the business. And I think it's a, it's only going to grow from here. You know, that the digital wholesale environment. Scot: [36:45] Cool. Awesome. And you guys have, you mentioned earlier that you spend more time on kind of, you know, some of the future vehicle technology stuff. And I noticed that you'd put a lot of events on this seem to be kind of anchored around this. Tell listeners about some of the events you guys host and how they can learn more about this. Joe: [37:02] Sure. So we do, we have four automotive conferences each year. Two of them were actually coming up in Canada. I'm heading to Toronto in a week and a half. That'll be for the Toronto used car industry. But this summer in Raleigh we have the Automotive Intelligence Summit. This is our second one. It really, it focuses on just the, you know, a lot of what we've talked about today, you know, autonomous vehicles, the connected vehicles, digital retail, the use of big data and data analytics and artificial intelligence and the, you know, things, you know, what role does blockchain management have in, in automotive. So a lot of these tech driven changes in automotive. This conference, you know, we'll address, and again, it's our second year of doing it. It's going to be July 23rd through 25th in Raleigh at the Marriott Crabtree right across from the Crabtree Mall. But if, if people are interested in learning more, they can go to autointelsummit.com. That's autointelsummit.com. Or they can holler at me on Twitter @AR_JoeOverby and I can share more information there as well. Scot: [38:25] Cool. So I think you said four, so two in Canada, Auto Intel, is there a fourth one? Joe: [38:30] Yeah, absolutely. Our signature event. I'm glad you reminded me. Our signature kind of flagship conference is Used Car Week and each year we host that in the fall and it's typically in the southwest. This year we're going to be in Las Vegas at the Red Rock. Last year we were in Phoenix or Scottsdale, Arizona. And what it is is it's four separate conferences that are all kind of part of the used vehicle life-cycle. So we have a retail focus conference on pre-owned. We have a finance auto finance conference, we have the repossession and recovery space. And then we have our National Remarketing Conference, which is the kind of wholesale, the auto auctions, that sort of thing. And we're actually going to be celebrating our 20th anniversary of that National Remarketing Conference. But that's going to be November 11th through 15th in at Red Rock in Las Vegas. And folks who are interested in that can visit usedcarweek.biz. And that and that again, you know, it is kind of an overall auto industry conference, but given the nature of, of automotive these days, it is going to be tech. You know, there's going to be some tech focus, some innovation, some, you know, talk about digital and that sort of thing as well. Scot: [39:55] Yeah. So just kind of reading the between the lines sounds like the Raleigh one is maybe like hundreds, low, hundreds, a couple hundred folks. Anything in Vegasis going to be at least single digit thousands if not tens of thousands. T Joe: [40:08] Yeah, the Auto Intel summit, we had about two or 300 last year, very kind of boutique conference, but you know, everybody there was very engaged and there to, you know, be in the sessions. And again Used Car Week is a broader, larger, you know, we've been doing it for a couple of decades, it is in the, you know, I think last year we had about, attendance was about 1600, I believe. Yeah. Scot: [40:36] Yeah. Cool. Yeah, it's fun to go to kind of both cause you kind of, you know, the smaller shows are more in a minute and literally deep on something but maybe not as actionable sometimes. And then the networking is good and then the bigger ones you can kind of go and have a list of here's five vendors I want to meet. And it a lot more to kind of tactical get, get business done. So it's good to kind of go to both, I think. Joe: [40:57] It's like going to a basketball game at Cameron indoor stadium versus going to a football game at Carter Finley. It's just, one's a big crowd and loud and once you know, it's small intimate atmosphere, so, yeah. Scot: [41:09] Absolutely. Cool. Well Joe, we don't want to take more of your time. Appreciate you coming over to Spiffy to record the podcast. Excited to have you as one of our first guests. You mentioned your Twitter handle. If folks want to, that's one way to kind of get in touch with you. Are you active on Linkedin or other social media and maybe let's definitely kind of bring them to the website too. Joe: [41:28] Yeah, absolutely. Certainly active on Linkedin, just Joe there. And my email, if anybody has any questions about our conferences or about our publications. It's at joverby@cherokeemediagroup.com. The website for all of our publication is Autoremarketing.com. Scot: [41:53] Great. Thanks for coming and thanks Jackson on the audio engineering side. Joe: [41:59] Well thank you Scot. This has been fun!
Scott Painter (Fair CEO), Ian Siegel (ZipRecruiter CEO), Daniel Broukhim (FabFitFun co-CEO), and Upfront Ventures' Michael Carney discuss the evolution of the Los Angeles startup ecosystem, bootstrapping versus mega-fundraising, and scaling lessons learned along the journey to unicorn status.
Colin Gillis, Director of Research at CR Partners, discusses Facebook plunging, and previews Amazon and Apple. Prashant Gopal, US real estate reporter for Bloomberg, on how the US housing market appears to be headed for the broadest slowdown in years. Rishi Gautam, Executive Chairman of Mjardin Group, on their full-scall cannabis business model, the company’s upcoming IPO in Canada, and market growth. Automotive entrepreneur Scott Painter, CEO and co-Founder of Fair and former CEO of TrueCar, on new ownership models in the auto industry, and how tariffs are impacting consumer spending on cars.
We’re back with another “Culture Builder” edition of the podcast, where we focus on how to build great teams and become the leader your brand needs to reach that next level. This week’s guest is someone who - it might be argued - represents the very embodiment of success. We’re talking about Scott Painter, probably best known as the founder and CEO of both True Car and Cars Direct. He’s made a name for himself by launching and leading disruptive companies that anticipate consumer behavior and capture huge markets. But as is usually the case, its’ rarely ever that simple. In this fireside chat with SnackNation CEO Sean Kelly, Scott reveals that while he has climbed to the heights of success multiple times… he’s also lost it all just as many times. We mean really lost it all. As in lost his home, lost relationships, you name it. Scott’s newest venture is Fair.com, an innovative app that offers an alternative to traditional car ownership, and that lets you shop, get approved and pay for your next car — all on your phone. This time out, Scott isn’t creating a hard charging team full of “brilliant jerks” (his words). The brand is all about fairness, and that requires a culture to match. Scott discusses how to make fairness a cornerstone of your culture - and how doing so helped him raise a billion (with a B!) dollars. Links Fair.com Connect with Scott on LinkedIn Have an idea for the show? Drop us a line! Brandbuilder@snacknation.com. Brand Builder is a co-production of SnackNation and ForceBrands.
Fair co-founders Scott Painter and Georg Bauer talk about simplifying the car transaction for both dealers and consumers, why used-car leasing might have just as much potential as new, what being "fair" means and more.
Wingstop Chairman and CEO, Charlie Morrison, and Chief Experience Officer, Stacy Peterson, on digital sales growth, the power of delivery, global expansion and chicken wing pricing. Javier Blas, Chief Energy correspondent for Bloomberg Intelligence, on weakening oil price and outlook. Automotive entrepreneur Scott Painter, former CEO of TrueCar and now CEO and co-Founder of Fair, discusses Fair’s new partnership with Uber. Michael Scanlon, Portfolio Manager for Manulife Asset Management, previews Facebook, Microsoft and Apple earnings
Bloomberg's Brian Sullivan and Jack Kaskey talk about Hurricane Irma's destructive path and potential chemical fallout. Scott Painter, founder and former CEO of TrueCar, discusses Fair, his new "car-as-a-service" startup. Lamine Zarrad, CEO of Tokken, talks about how blockchain is working for the cannabis industry. Finally, Amnon Bar-Lev, president of Check Point Software, and Michael Riley, a cybersecurity reporter at Bloomberg, discuss Equifax's historic breach that may have exposed half of Americans.
Scott Painter is the founder and CEO of TrueCar. Scott joined A.J. on the CarStories.com podcast for a one-on-one interview about how he took his entrepreneurial spirit, combined it with his hobby of helping others buy new cars and was able to turn that into the automotive-tech giant its known as today.
Auto sales were up in the U.S. last month but were not as strong as they could have been. Ford announces that CEO, Alan Mulally, will retain his position for at least 2 more years. Hyundai-Kia make a fuel economy blunder that could cost them tens of millions of dollars. All that and more, plus on Autoline This Week John sits down with Scott Painter, the founder and CEO of TrueCar, to talk about how the company is reinventing itself.
Scott Painter is the essence of the 21st century entrepreneur. Having started several dot-coms since his days at Berkley, he turned his sights to the auto industry with TrueCar.com, an attempt to educate the automotive consumer with data and pricing. And that’s where all the trouble began. On Autoline This Week, John McElroy welcomes Scott Painter to the studio to talk about how TrueCar is attempting to change the auto buying customer experience. John’s panel of industry experts includes Steve Finlay from WardsAuto.com and Joe White from the Wall Street Journal.
Scott Painter is the essence of the 21st century entrepreneur. Having started several dot-coms since his days at Berkley, he turned his sights to the auto industry with TrueCar.com, an attempt to educate the automotive consumer with data and pricing. And that’s where all the trouble began. On Autoline This Week, John McElroy welcomes Scott Painter to the studio to talk about how TrueCar is attempting to change the auto buying customer experience. John’s panel of industry experts includes Steve Finlay from WardsAuto.com and Joe White from the Wall Street Journal.
Scott Painter is the essence of the 21st century entrepreneur. Having started several dot-coms since his days at Berkley, he turned his sights to the auto industry with TrueCar.com, an attempt to educate the automotive consumer with data and pricing. And that’s where all the trouble began. On Autoline This Week, John McElroy welcomes Scott Painter to the studio to talk about how TrueCar is attempting to change the auto buying customer experience. John’s panel of industry experts includes Steve Finlay from WardsAuto.com and Joe White from the Wall Street Journal.
Autonomy is a startup that provides subscriptions to a Tesla Model 3. Customers can learn firsthand whether an EV meets their driving needs, without a big, long-term financial commitment. And it's cheaper than renting a car. Scott Painter, the CEO of Autonomy, explains the advantages, and also warns that the shortage of inventory in the used car market is about to get a lot worse.
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