Carvana Cofounders say that opposing personalities help drive the company’s success

[ad_1]

Caravan COO, I met with Ben Huston, COO, Ben Huston, when the Director General Ernie Garcia was college in Stanford.

They did not imagine that they would then work side by side by side by side $ 13 billion in income.

“We are very lucky that we are very lucky that each other has met each other in college and we will never work anywhere,” Garcia said at the Fortune Coo summit on Tuesday.

According to college friendships, it was completely independent of trying to perform two together, but we have a deep respect to each other, “Garcia said.

According to Garcia, schoolmates approached colleagues very different. Huston is often working for Coos, methodical and pragmatic, focuses on the implementation of daily problems. Garcia was known as a brave footage, referring to himself as a “non-breathless entrepreneur.” Such people are attracted to others who share the same enthusiastic, Gung Ho approach.

But they do it with their own dangers.

“They enjoy being around the same energy,” Garcia said. “And as a result, companies enter a certain direction, make a certain mistake.

Two coffeeers found that they need these complementary skills.

“I think that the operators are easy to call on entrepreneurs’ breathe and it is easy to breathe for the unimaginativory of operators,” Garcia said. “The truth needs both to do both things and I think it’s very important and a big part of our story.”

Garcia and Huston now established Carvana in 2012 along with Ryan Keeton, who served as the company’s chief brand official. Carvana can provide an incredibly complex work that requires logistics to ensure the results of sellers from sellers, from sellers from sellers, as a result of demanding logistics from sellers. In April 2017, Carvana went to the people.

“We went to the public as a four-year-old company, which is something I will not want to anyone,” Garcia said.

The company was not a short thing in public markets absurd. In August 2021, the shareholding was sold in a share of $ 360. A year later, in December 2022, the stock price was only $ 3.55. Had humiliated about 99%.

“I think the combination of a complex work mainly went very early … and then to be a very aggressive company trying to grow really quickly,” said Garcia, “Garcia.

Since then, Carvana has been significant turnpushing the shareholder up to $ 338. “Gercia said: We came back,” he said. “We are in a good place.”

This story was first displayed Fortune.com

[ad_2]

Source link