Disrupting the Used Car Market With Data - Kayne Grau / Founder of DRIVIN - Tech In Chicago

Kayne Grau is a Co-Founder and CEO of DRIVIN, a startup changing the way used-car dealers source their used-car inventory. Before founding DRIVIN, Kayne was the CTO at Cars.com. Using proprietary technology and actionable local market data, DRIVIN sells, sources, acquires and delivers used-car inventory for used-car dealer partners across the country. DRIVIN helps dealers understand what’s selling locally and how to price effectively. DRIVIN has raised $17.5 million from investors including Brad Keywell, Eric Lefkofsky, Mitch Golub, and Columbus Nova Technology Partners. In This Episode You Will Learn: * How inefficient the used car market is * The origins of DRIVIN * How Lightbank companies are started up * How involved Eric Lefkofsky and Brad Keywell are after coming up with an idea * What makes Eric and Brad's new startups repeatedly successful * Why DRIVIN went the B2B instead of B2C route * How they got their first customer * The best way to buy/sell used car as an individual * What can Chicago tech improve on?  * Impact of self driving cars on used car business Selected Links From The Episode: * Eric Lefkofsky, Co-Founder of Groupon, Uptake & Lightbank * Brad Keywell, Co-Founder of Groupon, Uptake & Lightbank * Justin Mahlik, Co-Founder & COO of DRIVIN * Cars.com * Autotrader.com * Kelly Blue Book * Shift * Cleversafe * Signal * Braintree * Uptake * Tempus * Howard Tullman, CEO of 1871 Favorite Books: * The 21 Irrefutable Laws of Leadership: Follow Them and People Will Follow You by John C. Maxwell * Lincoln On Leadership: Executive Strategies for Tough Times Kindle Edition by Donald T. Phillips  
Click here if you're not redirected