...b. Co. is now one of the four fastest companies to ever make list organically, along with Amazon, Google and Facebook. 2. Five years ago, year before Co. went public, it sold 18,000 cars in full year. Co. just sold over five times that many in a single qtr. a. 3. Five years ago, total GPU was $1,000. This qtr., it was $5,000. a. 4. Five years ago, lost $0.25 for every $1.00 of revenue Co. made. This qtr., Co. made money for first time. a. 5. When Co. started 8.5 years ago, it was bunch of ambitious kids with shocking amount to learn. With benefit of hindsight is now clear, Co. had no idea what it was getting into; knew couple of things. a. Knew customer preferences were changing. i. ii. Knew technology was evolving. iii. Knew traditional way of buying a car had changed less than it should have; believes Co. could do better for customers. iv. Knew that Co. was working for them and it had plan. v. Knew Co. had great team. vi. Knew how to get best out of each other. vii. Knew how to spot people...
