The Pomp Podcast

#402: Nicholas Hinrichsen on How To Build A Successful Startup

10.07.2020 - By Anthony PomplianoPlay

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Nicholas Hinrichsen started his first company, Carlypso, in 2013. He participated in YCombinator and raised $10M in venture funding, before eventually selling the business to Carvana in 2017. Nicholas is now building a new company in the automobile space called Clutch. 

In this conversation, we discuss learnings from building Carlypso, vertical integration, margin competition, propensity for action, neobanks, and the financialization of everything.

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Pomp writes a daily letter to over 50,000 investors about business, technology, and finance. He breaks down complex topics into easy to understand language, while sharing opinions on various aspects of each industry. You can subscribe at https://www.pompletter.com

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