Prior to joining online vehicle marketplace Beepi late last month as its chief financial officer, David Faugno had spent the previous decade as CFO of Barracuda Networks.

He had joined the IT security company in its early stages, similar to where Beepi is now.

Faugno’s tenure with the company included significant growth and more than a dozen acquisitions and helping to take the company public in 2013.

And an initial public offering is certainly something that’s on both Beepi’s and Faugno’s radar.

“We believe that this platform will be pervasive across, first, the United States but ultimately a global platform. And we believe that the amount of scale that we can and will achieve will be significant,” Faugno said in a phone interview with Auto Remarketing shortly after he was hired.

“And as such, that company that supports that platform likely is a public company in the future,” he said. “And so, we’re not certainly days away from it, but an initial public offering, a public market’s existence, is on our roadmap.”

The map for the next two to three years, Faugno said, includes Beepi's continuing to build to scale, growing and improving its economics, and going public when it makes sense.

Asked what attracted him to Beepi, Faugno said he wanted to find something that could be “transformational” both in terms of economic success and positively changing how people went about their lives.

The buying and selling of used cars, he said, has that “opportunity for an evolution of approach” when it comes to not only the size but the chance to improve customer satisfaction.

“The opportunity there, both from the perspective of the experience that was currently pervasive in the market as well as just how big the market is, was certainly attractive,” he said, “but most significantly, the approach that the founders of this company had was really this relentless focus on customer experience, and the results that they’ve achieved so far in pursuing that is really impressive to me and is something I wanted to be a part of.”

One of the challenges about the car ownership and buying process for shoppers is getting some transparency into that process and fostering trust and support, he said.

“The industry itself has a lot of opportunity to really improve that experience, and what Beepi’s doing in terms of providing effectively a certified pre-owned experience on a peer-to-peer basis is really not only revolutionary but long overdue,” Faugno said. “And as long as Beepi continues to focus on that customer experience as well as continue to build its own capabilities to deliver that experience with better economics for buyers and sellers and Beepi shareholders, we’re going to be very well-positioned for the future.”