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Tyler Tringas

๐Ÿ‘ค Speaker
978 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Tyler Tringas: How Earnest Capital Hopes to Re-Invent Startup Investing

So I don't know where it sits right now because I'm super focused on like the early stage.

SaaS Interviews with CEOs, Startups, Founders
Tyler Tringas: How Earnest Capital Hopes to Re-Invent Startup Investing

I'm not really like doing deals or hanging out with folks to do it.

SaaS Interviews with CEOs, Startups, Founders
Tyler Tringas: How Earnest Capital Hopes to Re-Invent Startup Investing

But I think it's going quite a bit up from there.

SaaS Interviews with CEOs, Startups, Founders
Tyler Tringas: How Earnest Capital Hopes to Re-Invent Startup Investing

But I don't really have my finger on the pulse right now, you know.

SaaS Interviews with CEOs, Startups, Founders
Tyler Tringas: How Earnest Capital Hopes to Re-Invent Startup Investing

No, it was a bunch of LPs.

SaaS Interviews with CEOs, Startups, Founders
Tyler Tringas: How Earnest Capital Hopes to Re-Invent Startup Investing

Some of it was my capital for sure, but I think we had about 40 total LPs.

SaaS Interviews with CEOs, Startups, Founders
Tyler Tringas: How Earnest Capital Hopes to Re-Invent Startup Investing

It was almost all just entrepreneurs.

SaaS Interviews with CEOs, Startups, Founders
Tyler Tringas: How Earnest Capital Hopes to Re-Invent Startup Investing

We didn't have anything really approximating institutional investors in there.

SaaS Interviews with CEOs, Startups, Founders
Tyler Tringas: How Earnest Capital Hopes to Re-Invent Startup Investing

With the exception of, I mean, even public about this.

SaaS Interviews with CEOs, Startups, Founders
Tyler Tringas: How Earnest Capital Hopes to Re-Invent Startup Investing

So SureSwift also invested in our fund.

SaaS Interviews with CEOs, Startups, Founders
Tyler Tringas: How Earnest Capital Hopes to Re-Invent Startup Investing

So it was a good transaction, obviously, by my company.

SaaS Interviews with CEOs, Startups, Founders
Tyler Tringas: How Earnest Capital Hopes to Re-Invent Startup Investing

And then they turned around and invested in our next thing.

SaaS Interviews with CEOs, Startups, Founders
Tyler Tringas: How Earnest Capital Hopes to Re-Invent Startup Investing

But other than that, in terms of an entity, everything else was individuals.

SaaS Interviews with CEOs, Startups, Founders
Tyler Tringas: How Earnest Capital Hopes to Re-Invent Startup Investing

And yeah, so it was a normal amount of outside capital, basically.

SaaS Interviews with CEOs, Startups, Founders
Tyler Tringas: How Earnest Capital Hopes to Re-Invent Startup Investing

Yeah.

SaaS Interviews with CEOs, Startups, Founders
Tyler Tringas: How Earnest Capital Hopes to Re-Invent Startup Investing

Um, well, so I'll take a little bit of a step back.

SaaS Interviews with CEOs, Startups, Founders
Tyler Tringas: How Earnest Capital Hopes to Re-Invent Startup Investing

So, so, you know, I was, I had told the company, I was kind of thinking about, you know, all along the way from blogging and things like that, I'd met a bunch of folks who were, um,

SaaS Interviews with CEOs, Startups, Founders
Tyler Tringas: How Earnest Capital Hopes to Re-Invent Startup Investing

at various parts of that journey, a lot of them very aspirational, some of them early stage, a lot of the folks later stage sharing their kind of wisdom with me, and really noticed that these businesses, once they get to a certain point, you really can properly bootstrap them, right?

SaaS Interviews with CEOs, Startups, Founders
Tyler Tringas: How Earnest Capital Hopes to Re-Invent Startup Investing

You get to maybe 10, 15, 25, it depends on your cost of living and all that sort of stuff, but somewhere in there,

SaaS Interviews with CEOs, Startups, Founders
Tyler Tringas: How Earnest Capital Hopes to Re-Invent Startup Investing

it becomes a business that you can keep growing through free cash flow.