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2025-02-24 17:35:38 UTC

Dave Rahardja on Nostr: On the one hand, the #cars market is definitely softening as prices start coming back ...

On the one hand, the #cars market is definitely softening as prices start coming back down to earth.

On the other hand, it turns out that Doug DeMuro took investment from a #PrivateEquity firm in return for folding his YouTube channel and Cars and Bids into a single business—and that means *value extraction* and #enshittification is already here.

“Layoffs Hit Cars & Bids As The Enthusiast Car Market Comes Back Down To Earth”

https://www.theautopian.com/layoffs-hit-cars-bids-as-the-enthusiast-car-market-comes-back-down-to-earth/