As the world’s economy is remade via software, some founders are finding the one-way ratchet of venture capital too restrictive. Tyler Tringas is working to expand funding options available to entrepreneurs via the Calm Fund. He joins Mark and Adam to talk about a return to classic good business practices; how founders can maximize their optionality; building an investment thesis out in the open; and how to be long-term ambitious.

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Show notes

• Tyler Tringas @tylertringas
• Calm Fund
• Mexico City
• digital nomad, slowmad
• Earnest Capital rebrand
• bootstrapper, indie hacker
• building in public
• Small Giants episode
• brand episode
• lifestyle business
• The Entrepreneur’s new path of maximum optionality
• the peace dividend of the SaaS wars
• B2D
• two-sided market
• red ocean
• winner takes all
• craigslist, Thumbtack
• covertible note, SAFE
• Shared Earnings Agreement (SEAL)
• Calm’s crowdfunding campaign
• 12factor
• profit-sharing plans
• co-op
• carried interest
• Joe Wallin
• Calm Company Express