In this episode, Jeremy and Brock talk to Nicholas Hinrichsen and Chris Coleman the co-founders of Carlypso, a company that simplified the process of buying and selling used cars.  Niki and Chris attended Stanford Business School and launched Carlypso on the advice of Stanford professors. After launch, Carlypso was accepted into Y Combinator and eventually sold to Carvana.

Nicholas and Chris discuss the experience leading each of them to Stanford Business School and the process of building & selling a company.  While at Stanford Business School, the founders attended class with Andy Rachleff. Professor Rachleff studied and wrote extensively on product-market fit. 

During our conversation, Hinrichsen and Coleman talked about gaining experience before and after cofounding a company together. Both Chris and Niki discuss focusing on the long-lasting result of creating a company. Chris framed entrepreneurship as less making the right decision and more as limiting the wrong decisions. In fact, all of the decision-making can be framed as the practice of limiting wrong decisions. 

The rabbit hole of what's possible only gets deeper. Managing it is the key. First-time founders struggle with product. Second-time founders struggle with distribution. If you are curious about the reality of a company's start, ask the founder about the first 3 months, it might be the best way to found out the real story.  It's a question we'll be asking of founders in the future.

Recommendations:

Blitzscaling by Reid Hoffman 

Andy Rachleff's perspective