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Building Companies and Raising Capital with Nicholas Hinrichsen
Show Notes
Our guest today is Nicholas Hinrichsen, a Stanford MBA who built a digital platform for used car sales in 2013. He raised $2M in seed funding from angel investors and the startup accelerator YCombinator by 2015. After doing a pivot in the business model, sales took off and Nicholas and his co-founder Chris Coleman raised a $8M venture capital round.
In 2017, the two founders sold their business to Carvana, which was growing at a rapid pace. Nicholas and Chris stayed at Carvana for three years to see their vision come to fruition and left June of this year to start a new company. WithClutch.com is a FinTech platform to refinance your auto loan. With just a few clicks you can save thousands of dollars, 100% online.
In this episode we talked about his incredible journey building companies and raising capital. We also talk about business partnerships, credit and more. Enjoy!
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Full Transcript
SuccessQuest: Be Motivated, Inspired, and Successful
Success is an amazing term. It isn’t just the acquirement of a large expensive house, car, or suit. It runs much deeper than being financially well off. Success is Emotional, Social, Spiritual, Financial, Physical, and much more. We aim to help you reach success in all these areas. Join us on a journey to become successful.