Tyler Tringas of Calm Fund - Going against the grain of classical VC - The Michael Girdley Show Episode 36

The Michael Girdley Show

Michael Girdley (@Girdley) is joined by Tyler Tringas (@tylertringas), Calm Fund GP & Founder, to talk about how the calm fund works as an alternative to VC, lessons running in-person & online events, why to live in CDMX, how to raise money as a founder, how to hire as a tech founder, and much more!

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Thanks to our sponsor!

* Harbor Capital is a hyper-focused Class B industrial real estate investment firm. They are building a portfolio of quality industrial assets in the four big cities in Texas. Their work is focused on generating strong cash flow, while being hyper-focused on safe and secure assets that could weather a downturn. The founders have built a reputation for delivering consistent value to investors with more than $400M in real estate investments in the last 20 years.

https://harborcap.com/contact/index.html

https://harborcap.com/

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Show Notes:

0:39 - Harbor Capital
1:50 - Tyler Tringas
4:01 - How can you define a “Calm” company?
6:24 - How do you incubate non-high-growth companies? Can you translate the model out of software companies?
10:02 - The economics of online membership communities are insane
13:30 - What is Calm Fund really doing? Is it a smart version of growth PE?
21:20 - Where do you find passion in entrepreneurship?
26:00 - What are the challenges of raising money and trying to grow superfast in current market conditions? Are there systemic risks? How do you manage effective communication?
33:50 - In person events: How do you make it work? What is the impetus for this?
38:30 - What is your goal with the events? Are you seeking profit, beaking even? Which structures did you put in place for it to work accordingly?
44:00 - Best practices on running your own conference
49:40 - Let’s talk about running and scaling a company
53:00 - What’s so special about hiring people from SMBs?
57:11 - Any mental models on bootstrapping a company?
1:00:30 - Long term compounding: What sets a brand apart from the competition?
1:07:15 - How do we think about burnout in the tech industry?

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Links:

* https://calmfund.com/

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Past guests on The Michael Girdley Show include Jesse Tinsley, Rob LaBonne, Matthew Weidert, Craig Fuller, Sam Bacon, Cayse Llorens, and more.

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