#60 Building the future of automotive retailing AI, Pivoting from fashion to cars, Acquiring a tech company in Eastern Europe | Devin Daly, CEO of Impel
Description
In this episode, I'm speaking with Devin Daly, CEO of Impel
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Topics:
(00:00:00 ) - Intro
(00:02:23 ) - Devin’s career and Building Impel
(00:03:55 ) - Pivoting to auto
(00:06:28 ) - Did you come from an entrepreneurial family?
(00:07:15 ) - The evolution of the company
(00:09:21 ) - How are dealers using this data?
(00:11:36 ) - What are you building to help dealerships keep evolving?
(00:13:13 ) - Thoughts on AI
(00:21:48 ) - Where are you seeing the biggest impact from AI implementation?
(00:23:18 ) - Raising $130m and acquiring a business in the Republic of Georgia
(00:26:59 ) - Where are we headed with AI and the dealership?
(00:28:12 ) - Where are you seeing customers the most frustrated with the dealership experience?
(00:29:15 ) - What role does licensing play in all of this work?
(00:30:52 ) - Partnering with ACV Auctions
(00:33:35 ) - What do the next 5 years look like for our industry?
(00:34:46 ) - What is your most popular product?
(00:35:59 ) - Having a high bar for acquisitions
(00:37:20 ) - “Oh sh*t” moments
(00:38:22 ) - What products are most important to manufacturers right now
Check out Impel here.
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This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.