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Driving change in the UK's used car market with Harry Jones from Motorway
Podcast |
Found
Publisher |
TechCrunch
Media Type |
audio
Categories Via RSS |
Business
Entrepreneurship
News
Tech News
Technology
Publication Date |
Oct 01, 2024
Episode Duration |
00:48:22

Most used car dealers in the U.K. get their stock from auctions, and one startup is moving the process online to make it easier for both car owners and car dealers. This week, Becca and special co-host Kirsten are talking with Harry Jones, the co-founder of Motorway, a U.K. startup helping professional car dealers to bid in an auction for privately owned cars for sale. Motorway has seen rapid success, with a car sold every three minutes and a GMV of £2.2 billion last year. In this episode, Becca, Kirsten and Harry chat about the importance of focusing on a core market and how he and his co-founders built a strong and lasting partnership.

00:00 - Introduction and overview of Motorway

03:03 - Early days and initial ideas for Motorway

05:50 - Pivot to its current model

08:08 - Working with dealerships

10:18 - U.S. vs U.K. and market focus

15:05 - Initial traction, challenges and demand from dealers

25:39 - The co-founding team and their long-term collaboration

30:31 - Lessons learned from previous companies 

36:04 - Motoway's future

Found posts every Tuesday. Subscribe on Apple, Spotify or wherever you listen to podcasts to be alerted when new episodes drop. Check out the other TechCrunch podcast: Equity . Subscribe to Found to hear more stories from founders each week.

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Found posts every Tuesday. Subscribe on Apple, Spotify or wherever you listen to podcasts to be alerted when new episodes drop. Check out the other TechCrunch podcast: Equity . Subscribe to Found to hear more stories from founders each

 

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Most used car dealers in the U.K. get their stock from auctions, and one startup is moving the process online to make it easier for both car owners and car dealers. This week, Becca and special co-host Kirsten are talking with Harry Jones, the co-founder of Motorway, a U.K. startup helping professional car dealers to bid in an auction for privately owned cars for sale. Motorway has seen rapid success, with a car sold every three minutes and a GMV of £2.2 billion last year. In this episode, Becca, Kirsten and Harry chat about the importance of focusing on a core market and how he and his co-founders built a strong and lasting partnership.

Most used car dealers in the U.K. get their stock from auctions, and one startup is moving the process online to make it easier for both car owners and car dealers. This week, Becca and special co-host Kirsten are talking with Harry Jones, the co-founder of Motorway, a U.K. startup helping professional car dealers to bid in an auction for privately owned cars for sale. Motorway has seen rapid success, with a car sold every three minutes and a GMV of £2.2 billion last year. In this episode, Becca, Kirsten and Harry chat about the importance of focusing on a core market and how he and his co-founders built a strong and lasting partnership.

00:00 - Introduction and overview of Motorway

03:03 - Early days and initial ideas for Motorway

05:50 - Pivot to its current model

08:08 - Working with dealerships

10:18 - U.S. vs U.K. and market focus

15:05 - Initial traction, challenges and demand from dealers

25:39 - The co-founding team and their long-term collaboration

30:31 - Lessons learned from previous companies 

36:04 - Motoway's future

Found posts every Tuesday. Subscribe on Apple, Spotify or wherever you listen to podcasts to be alerted when new episodes drop. Check out the other TechCrunch podcast: Equity . Subscribe to Found to hear more stories from founders each week.

Connect with us:

Found posts every Tuesday. Subscribe on Apple, Spotify or wherever you listen to podcasts to be alerted when new episodes drop. Check out the other TechCrunch podcast: Equity . Subscribe to Found to hear more stories from founders each

 

Connect with us:

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