[Nifty3929]

Remember when Zillow tried getting into the buying/flipping business? This is that, but worse because Carvana didn’t star with a profitable car-appraisal and listing service first, and have no main business left.

Or maybe this is better actually, since it’s much clearer for investors: With Zillow, as an investor maybe I didn’t want to be in the home buying business at all. And now Zillow is burning my money by getting into it. If I had wanted to get into the home buying/flipping business I could have just bought Homevana stock. Carvana is clearly doing one thing. And if you want to do that thing you buy their stock.