In this pitch‑style presentation, Navy‑pilot‑turned‑entrepreneur Glenn Daken introduces Prestio, which he describes as the "Amazon of car buying." Drawing on his experience running a bootstrapped dealership since 2013, Daken explains the pain points of traditional car‑shopping—long dealership visits, opaque financing, and fragmented online experiences. Prestio is positioned as a one‑stop, end‑to‑end platform that combines a fintech lender and a just‑in‑time dealership under one roof, enabling consumers to shop, finance, trade, and receive new or used vehicles entirely online. The talk outlines the competitive landscape (traditional dealer groups like CarMax, low‑feature sites, and newer startups such as Carvana), emphasizing that existing players only address parts of the transaction, whereas Prestio offers a full‑stack solution. Product features highlighted include AI‑driven personalized shopping, transparent financing, hassle‑free trade‑in purchases, and flexible delivery options. Daken shares traction from a bootstrap dealership operating in 42 U.S. cities, outlines a five‑stream revenue model covering B2C sales and lending as well as B2B dealer partnerships and SaaS, and announces a recently closed oversubscribed pre‑seed round that funds beta testing and scaling. The presentation ends with a call for customers and dealer partners to help grow the platform.
Chapters
So we've all been there, whether we've bought one car or many, we've all really had that feeling, "I'm stuck in the dealership and I can't get out." So hello, I'm Glenn Daken. I'm a Navy pilot turned serial entrepreneur, and I'm a lifelong car guy. I'm founder and CEO of Prestio, what you can think of as the Amazon of car buying. What is Prestio exactly? It's the evolution of my bootstrapped dealership that I started in 2013. Given the pains I experienced buying cars. Prestio is the one-stop platform allowing consumers to shop, finance, trade, and drive new and used vehicles all online. What makes our team special is we have the experience necessary to combine a fintech automotive lender and a just-in-time dealership model that is not disruptive to dealers. Many have failed at building a fully online dealership, and they are missing critical experience that our team has, ranging from Lending Club to Lamborghini. A big red pain point lies at the center of the traditional dealer experience, and we've all been there. That's why I started a dealership from scratch in the first place. On the B2B side, dealers have many problems such as increasing days in inventory and outdated technology partners preventing them from truly selling online. The overwhelming majority of consumers do not enjoy the dealership process. So at a high level, you could think of Prestio as an AutoTrader meets Rocket Loans meets Amazon. Prestio is the first company that has combined a lender and a dealer into the same building. So like Rocket Loans, our finance technology, fr, lets you finish the car buying process 100% online, whether buying from our dealership or a partner dealer. Our competitors. On the top left, we compete with traditional dealer groups like CarMax, which are convenient for one-stop shopping, though lack of innovation keeps the process long and fully offline. In the bottom left, we have what I call the old school sites, They offer only pictures and really nothing else to the online shopper. In the bottom right, we have what I call new form startups like Carvana and Autogravity, though they all only innovate in one area of the complex car buying transaction, preventing a true one-stop Amazon-style experience like Prestio. The end-to-end solution our product offers allows consumers to move through their transaction in 4 experiences, as seen in our product screenshots. Imagine artificial intelligence-powered shopping tailored directly to you, a transparent finance process, getting your trade purchased hassle-free, and finally a great option for in-store or at-home delivery. We've successfully used advanced digital marketing powered by big data, PR, and direct mail to find and sell to hundreds of in-market car shoppers now in 42 cities across the US and growing. This was over 4 years of running our bootstrap dealership prior to founding Prestio as its parent tech company. We will add AI marketing partners and fully online loan originations facilitated by real humans to quickly grow these channels. By building a company as both a dealer and a lender with significant to-your-door logistics capability in our partners, we create what we call our golden triangle, powered by technology at its core. This at the bottom creates 5 revenue streams adding value in both B2C for consumer sales and lending, and B2B for partner dealer sales, lending, and SaaS. We just closed a heavily oversubscribed pre-seed round, enabling our 4 developers to beta test our product with our existing profit-generating customers. We need customers and dealers as partners to help us scale. Prestio is a true one-stop platform allowing you to shop, finance, trade, and drive. Again, my name is Glenn. Thank you for your time.
