Justin Davis immersed himself in the wholesale automotive space prior to founding BacklotCars in 2015. BacklotCars is an online marketplace for auto dealers. Through BacklotCars, auto dealers, auto finance companies, and rental car companies can transact without having to go to physical auctions.
Late last year, BacklotCars was acquired by KAR Global for a headline price of $425 million.
Today, we're going to peel back the layers a bit to find out what motivates Justin, how he thinks about innovation and entrepreneurship, and how he built his business.