How Car Reviews Became A $37,000,000 Business: Doug DeMuro’s Wild Ride [Video]

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Doug DeMuro is a YouTube creator and entrepreneur who reviews cars on YouTube. His company Cars & Bids received a $37 Million investment from the Chernin Group.

00:00 Who is Doug DeMuro
02:30 The Story Behind Doug’s $1,250,000 Porsche
05:18 The Genius of Cars and Bids
10:50 How a first date turned into a YouTube empire
15:56 The secret to Dougs success on YouTube
18:48 Reactive Ideation
20:28 What makes a great review video?
24:30 Why YouTube is harder now
27:50 Why Doug shoots with an iphone
31:50 Authenticity in brand building
35:05 Why Doug Creates Alone
37:00 When Doug DeMuro’s went full time YouTube
40:05 Obsession with views and subscribers
41:50 How to stand out in a crowded field
44:50 The TikTok Invasion
46:30 Doug’s Secret to Lo-Fi Thumbnails
48:55 How many views equals $1
52:35 Transitioning to TiKTok
53:48 The $37 Million Dollar Email
57:30 Doug’s advice for career creators
1:00:33 Why Doug turned down thousands for brand deals
1:02:58 Doug’s role with Cars & Bids
1:04:43 Doug’s guide to launching anything
1:07:38 Selling Cars & Bids for $37 Million to Chernin Group
1:10:15 The Major Drawback to Investing in Creator-Led Businesses
1:14:14 What is Doug using the money for?
1:17:50 The moment Doug’s life changed forever
1:24:07 Doug DeMuro’s next move
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We’re Colin and Samir, creators based out of Los Angeles California. We make videos about the creator economy, and the lessons we’ve learned over 10 years of being on YouTube. We also interview creators and try to get to the bottom of what’s working on YouTube and where the creator economy is headed.