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A comment on Once-Flush Startups Struggle to Stay Alive as Investors Get Pickier. Parent comment

Re:Once-Flush Startups Struggle to Stay Alive as Investors G... by coredog64 on Sunday April 23, 2017 @04:33PM (#14180312)
What is the business model for what you are proposing? Car sales on consignment? That might work for a small number of well off consumers, but most people don't own their cars outright. As such, they are unable or unwilling to continue to make payments on a car they can't use.

TBH, it sounds very much like what open door does with housing.

[ Parent | on HN ]
Re:Once-Flush Startups Struggle to Stay Alive as Investors G... by toomuchtodo on Sunday April 23, 2017 @06:52PM (#14180882)
Carmax does it with millions of cars per year. It's not magic. If you're a market maker, you need volume, capital, and intelligent valuations and pricing of your goods.
[ Parent | on HN ]