The two-track market continues apace: companies that can achieve 2019-level productivity when most of their staff works from home can maintain 2019 valuations. A case in point: Vroom, Inc., a money-losing used car e-commerce play, filed its S-1 last week.
The Vroom model is:
Use a media blitz to get users to select a car on its app.
Allow them to customize…
Keep reading with a 7-day free trial
Subscribe to The Diff to keep reading this post and get 7 days of free access to the full post archives.