Oct. 31, 2023

#35 Raising $300M+ for automotive venture capital, Rise and fall of Vroom, Hottest auto tech investments, His biggest wins and losses, AVs, EVs and A.I. | Chase Fraser, Founder and Managing Partner, FM Capital

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#35 Raising $300M+ for automotive venture capital, Rise and fall of Vroom, Hottest auto tech investments, His biggest wins and losses, AVs, EVs and A.I. | Chase Fraser, Founder and Managing Partner, FM Capital
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In this episode, I'm speaking with Chase Fraser, Founder & Managing Partner at FM Capital.

 

This episode is brought to you by:

 

AutoFi - AutoFi empowers your team with digital retail technology that accelerates the sale. Learn more @ https://www.autofi.com/cdg/

 

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Topics:

(00:00:00) - Intro

(00:02:49) - Vroom-Carvana Saga

(00:05:26) - Chase’s background and specializing in automotive

(00:08:34) - Sourcing deals & areas of focus

(00:11:00) - How dealers should think about autonomous cars 

(00:14:28) - The auto agency model

(00:16:16) - Tightening parameters in VC for Autotech

(00:19:51) - The state of AI in auto and how it will impact dealerships

(00:28:07) - Thoughts on EVs

(00:38:17) - Dealers acting as investors with Chase

(00:42:21) - Regional dealership consolidations

(00:44:18) - Economic concerns

(00:48:36) - Advice to dealers

(00:50:55) - Chase’s biggest VC wins and humbling moments

(00:55:00) - Get in touch with Chase

 

Check out FM Capital here.

 

Check out the website for more (https://dealershipguy.com) and follow me on X @GuyDealership! (https://x.com/guydealership)

 

This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions.