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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

Late 2010 is when I started to... Maybe early 2011.

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

Late 2010 to early 2011 is when I quit and started...

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

decided basically that i wanted to uh to be an entrepreneur um you know it was really my first foray into real entrepreneurship um essentially i just i saw a market opportunity so i you know i didn't come from a software background or anything like that but i one of the things i was doing there was um a ton of of modeling so i wasn't a software developer but i was doing you know visual basic and massive excel models and stuff like that and i was running the

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

the forecasting group, and I essentially saw my own forecast and said, there's a really interesting opportunity here in the solar market, the residential solar market, where the whole industry is focused on bringing the capital costs down, bringing down the cost of the modules and the panels and all that sort of stuff.

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

And they're doing a great job.

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

And basically, at a certain very near point, it's going to cross over to where the dominant cost is going to be soft costs, customer acquisition, all of the transaction costs and verifying things and all that.

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

And we were extremely plugged into the industry and essentially nobody was thinking about that.

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

And I said, okay, cool.

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

This seems like a software problem.

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

I think I can build software that will, you know, create efficiencies and help with customer acquisition.

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

And so let's go after that.

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

And so I kind of quit my job, started pulling that thread.

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

Uh, our first customers, you know, to be honest, we, we struggled with monetization.

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

We got a couple like proof of concept customers.

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

But the big problem with our whole plan was we executed really well on product.

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

This was kind of like the era of like the lean startup had just been published, you know, like a lot of the stuff you heard in just 2012 2011 timeframe.

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

Yeah, 2011, 2012.

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

And so, you know, it was pretty normal to be going to tech stars, 500 startups, YC with like a proof of concept and all that sort of stuff.