Tuesday, 19 March 2013

Startup Spotlight: Carhoots

by Penny Lin, Associate at Amoo Venture Capital Advisory, Feb. 13, 2013

Q: It is very nice to meet you, Lee. Let’s start with you. Tell us more about yourself, the team and the business idea you are working on?
A: Hello, I am Lee, the co-founder and CEO of Carhoots, a social car review and market website. We are solving two problems. The first problem is from the consumer side: the car buyer basically spends about 3-4 months on researching a car. So, what we do is we get all the data by experts’ reviews, images and videos, as well as social recommendations from friends, and we put all information into one simple destination. The second problem we want to solve is from B2B side. I came from automobile background.