Episode from the podcastSuccessQuest

Building Companies and Raising Capital with Nicholas Hinrichsen

Released Thursday, 6th August 2020
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Our guest today is Nicholas Hinrichsen ( https://www.linkedin.com/in/nicholas-hinrichsen-7b… ) , 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 ( https://www.linkedin.com/in/christopher-coleman-a3… ) raised a $8M venture capital round.

In 2017, the two founders sold their business to Carvana ( https://www.carvana.com/ ) , 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 ( https://www.withclutch.com/ ) is a FinTech platform to refinance your auto loan ( https://www.withclutch.com/faqs ). With just a few clicks you can save ( https://www.withclutch.com/auto-loan-refinance-cal… ) 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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