How Hard Can It Be?

HHCIB 030 CarGurus CFO Jason Trevisan


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My guest this week is Jason Trevisan, Chief Financial Officer of Boston-based IPO darling CarGurus. After funding itself for its first 8 years with less than $5 million of total venture capital, CarGurus took its $200 million business to the public markets in October at $16/share, raising $150 million customer acquisition war chest on the back of a $1.7 Billion enterprise valuation. After beating estimates for Q3, the stock sits today around $30/share, representing a market cap of over $3.2 Billion. To call their exit a home run would be a massive understatement, and Jason Trevisan was at the center of it.
This will be Jason’s first big interview since the end of their quiet period, and to set expectations we did NOT talk very much about the business. My focus as always was on Jason’s personal journey, which began at Duke and ran through Bain & Company, a stint at online advertising leader aQuantive until it was acquired by Microsoft, and an extended stay as a VC at Polaris Partners, a Boston VC firm focused on growth equity investments and buyouts in Internet, technology and healthcare.
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How Hard Can It Be?By Mike Troiano

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