The En Factor Podcast features conversations with entrepreneurs who have started, stumbled and succeeded.
Today’s guest is Nicholas Hinrichsen, this is Nicholas’ second time on the show and I am very excited to talk about what he and his company has achieved since we last spoke. Nicholas went to Stanford Business School in 2011 and started a digital automotive retail company after graduating in 2013. Nicholas and his co-founder Chris Coleman went through the startup accelerator YCombinator and raised a total of $10M in Venture Funding before they sold the business to Carvana in 2017. Nicholas left Carvana to start his new company, Clutch. Since we’ve talked, Clutch has grown to have 21 employers and has raised $16 million in venture funding. Nicholas and his team have grown to have an annual run-rate of $500M in refinance applications. In today’s episode, we talk about how to scale a company, when to pivot, and Nicholas’s company, Clutch.
Key Words – Funding, startup, company scaling, accelerator
The En Factor® Podcast
Conversations with Entrepreneurs
Hosted by Dr. Rebecca White
Our audience of aspiring and established entrepreneurs are inspired to persevere throughout their entrepreneurial journey. You will hear first-hand stories of success, resilience through failure, and how to become a master in your field.