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Truecar.com is going public

42 点作者 binarytrees大约 11 年前

13 条评论

patrickxb大约 11 年前
TrueCar sounds like a great idea (the dealership system is horrible).<p>But we just used TrueCar when shopping for a new car and instantly got spammy, sleazy emails and phone calls from dealers before even completing the process (which we never did).<p>It wasn&#x27;t fun. I really wish we didn&#x27;t give them any information. So I don&#x27;t have high hopes for this business succeeding.<p>What really needs to happen is that people need to be able to just buy a car like they buy everything else without salespeople in the middle. Why can&#x27;t I buy a new car from the manufacturer straight from their website? Seeing all the trouble Tesla is having fighting the dealership model is discouraging...hopefully it will improve, I&#x27;m just not sure TrueCar is the answer.
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aclements18大约 11 年前
This is a solid venture backed company that has been generating quite a bit of revenue for some time now. This exit will provide its investors with a solid return. Odd how little attention a company like this gets from the tech community.<p>Bernie Brenner, the guy who heads up their business development, wrote The Sumo Advantage which one of the best books I&#x27;ve read on BD. He very clearly identifies the role of BD and how it is distinctly different than sales. I&#x27;d recommend it for any startup looking to partner with large established businesses to spur growth.
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Jarred大约 11 年前
When I was a freshman in high school, every other Tuesday I went to TrueCar&#x27;s SFRuby meetup. Everyone I met there was super nice, and it helped me stay sane while I was in high school. Thanks for that. Glad to hear they&#x27;re doing well!
binarytrees大约 11 年前
<a href="http://www.truecar.com/S1/" rel="nofollow">http:&#x2F;&#x2F;www.truecar.com&#x2F;S1&#x2F;</a>
simonebrunozzi大约 11 年前
Truecar.com used to charge dealers between 400$ and 500$ for every deal that would close (sale). Since then, I believe that they changed it into a monthly subscription, or a combination of the two. The problem is that Truecar is yet another middleman, and yes, it&#x27;s much better to sign up with a new email address because you will get all the spam in the world.<p>It is much better to get &quot;certificates&quot; on Truecar with a fake name&#x2F;email, then go to the dealer and say: give me this car for 500$ less, or I&#x27;ll walk away.<p>I didn&#x27;t buy a car yet, but I got two real offers from dealers just like that.<p>Truecar is a middleman... Middlemen tend to go away. I am not optimistic about their future.
sixQuarks大约 11 年前
Scott Painter is an underrated guy. TrueCar almost went out of business due to dealer backlash, and now just a couple of years later, they&#x27;re going public. Kudos.
casca大约 11 年前
There was some discussion around Truecar and how they pivoted in this Planet Money podcast - <a href="http://www.npr.org/blogs/money/2014/03/14/290241292/episode-435-why-buying-a-car-is-so-awful" rel="nofollow">http:&#x2F;&#x2F;www.npr.org&#x2F;blogs&#x2F;money&#x2F;2014&#x2F;03&#x2F;14&#x2F;290241292&#x2F;episode-...</a>
cheriot大约 11 年前
If anyone is curious about what price they actually go for or how their financials turn out next year, you can get sec filing alerts from a website I made: <a href="http://www.wellreadinvestor.com/companies/35427" rel="nofollow">http:&#x2F;&#x2F;www.wellreadinvestor.com&#x2F;companies&#x2F;35427</a>
taude大约 11 年前
hmm, I used it, and didn&#x27;t have the problem. I was only contacted by the dealers I requested, and one I told them I was interested in a different car, they left me alone.<p>also, when selecting your dealers it was pretty obvious that they were going to be contacting you, no?
kirpekar大约 11 年前
2013: $134M revenues and $25M loss.
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xster大约 11 年前
TrueCar.com for dummies: use spamdecoy.net for email and Burner for phone number
rebelidealist大约 11 年前
What valuation are they shooting for?
pearjuice大约 11 年前
Are you ready for another pump and dump?<p><i>starts beating chest and humming</i>
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