Vroom: S-1s and S-Curves
Plus! Supply Chains, Distributed Censorship, What Slack Isn't, and more...
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…
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