Motorway with Dougal Shaw: The story behind a British unicorn
Business Leader · Business Leader
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Show Notes
In 2017 Tom Leathes decided it was time to give the second-hand car market a digital update. With his two best friends and long-time business collaborators, Alex Buttle and Harry Jones, he co-founded Motorway. Investors spotted the potential and by 2021 the company was another British unicorn, valued at more than $1bn. The platform handled £2.2bn worth of transactions in 2023, helping customers sell their second-hand vehicles to a network of more than 5,000 verified car dealers. The three co-founders have a shared history as a team of serial entrepreneurs. They've set up more than five companies. Failures and setbacks, it turns out, have taught them as much as the successes.
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