In case you were wondering . . . Zoopla founder Alex Chesterman is making progress towards his next ambition, to shake up the secondhand car business.
Cazoo has yet to go live but has so far raised £30m in funding, hired some 100 staff in the last six months and just signed a five-year lease on 17,500 sq ft offices in London.
Cazoo was founded last year by Chesterman after he sold ZPG for £2.2bn to US private equity firm Silver Lane.
It is due to go live in the last quarter of this year.
I wasn’t wondering, but thanks anyway.
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Awesome reply!! made me chuckle.. haha
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Interesting. Why does a billionaire need funding for a new business? Surely could use his own cash?
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Just in case?
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