304: Tyler Tringas — Investing in Bootstrapped SaaS

Tyler Tringas (@tylertringas) invests in bootstrapped businesses. Wait… Aren't those supposed to NOT take investment money? What's going on here?Alignment is what's going on. Where traditional VC's often have very different goals from founders, funds like Tyler's Calm Company Fund focus on helping niche software businesses that don't chase hypergrowth. Instead, Tyler supports those who want to build calm and profitable ventures. You know, the regular kind of business. The one that focuses on making money.In our chat, we dive into how bootstrapping and investment go together, how a fund manager makes investment decisions, why NoCode is a massive business accelerator and how the Calm Fund has adapted over its 5-year history.Tyler on Twitter: https://twitter.com/tylertringas00:00:00 Sustainable Businesses With Calm Company Fund00:07:53 Rethinking Valuations and Company Building00:18:04 Investment Strategy and Sustainability00:25:33 Challenges and Opportunities in Fund Mentoring00:29:31 Challenges of Saying No to Founders00:34:36 Investor Alignment and Profit Sharing00:44:51 Exploring AI and No-Code Tools00:51:10 Navigating the Future of Calm CompaniesThis episode is sponsored by Acquire.comThe blog post: https://thebootstrappedfounder.com/tyler-tringas-investing-in-bootstrapped-saas/The podcast episode: https://tbf.fm/episodes/304-tyler-tringas-investing-in-bootstrapped-saasThe video: https://youtu.be/K-TZXmN2kJsYou'll find my weekly article on my blog: https://thebootstrappedfounder.comPodcast: https://thebootstrappedfounder.com/podcastNewsletter: https://thebootstrappedfounder.com/newsletterMy book Zero to Sold: https://zerotosold.com/My book The Embedded Entrepreneur: https://embeddedentrepreneur.com/My course Find Your Following: https://findyourfollowing.comHere are a few tools I use. Using my affiliate links will support my work at no additional cost to you.- Notion (which I use to organize, write, coordinate, and archive my podcast + newsletter): https://affiliate.notion.so/465mv1536drx- Riverside.fm (that's what I recorded this episode with): https://riverside.fm/?via=arvid- TweetHunter (for speedy scheduling and writing Tweets): http://tweethunter.io/?via=arvid- HypeFury (for massive Twitter analytics and scheduling): https://hypefury.com/?via=arvid60- AudioPen (for taking voice notes and getting amazing summaries): https://audiopen.ai/?aff=PXErZ- Descript (for word-based video editing, subtitles, and clips): https://www.descript.com/?lmref=3cf39Q- ConvertKit (for email lists, newsletters, even finding sponsors): https://convertkit.com?lmref=bN9CZw