Calm Company Fund Is Taking a Break
calmfund.com
Calm Company Fund Is Taking a Break
1–10 of 30 posts
Re: Calm Company Fund Is Taking a Break
#2This is the first I’ve heard of Calm. It seems very similar to Slow, which I recently heard of.
Re: Calm Company Fund Is Taking a Break
#3TLDR; they couldn't raise enough money to scale and keep going
Re: Calm Company Fund Is Taking a Break
#4If any of you like me had no idea what a Calm company was: https://www.outseta.com/posts/calm seems to explain.
In summary - it's about how the company is run - not that they make apps to help you meditate.
Re: Calm Company Fund Is Taking a Break
#5This is the first I’ve heard of Calm. It seems very similar to Slow, which I recently heard of. https://slow.co/about/
Not at all like Slow Ventures. Slow Ventures is a traditional VC firm!
Re: Calm Company Fund Is Taking a Break
#6Indie.vc, which had a similar model, also shut down shop for a while due to capital constraints. They've since restarted the fund though.
Re: Calm Company Fund Is Taking a Break
#7> Imagine trying to run a startup where you knew you were going to be stuck at a low-six-figure revenue for 10+ years, meanwhile your customer base, feature requests and support tickets just kept growing every year. That’s what running Calm Fund on the fixed management fees of our fund sizes looks like. You can operate a business for a few years like this, but you need a pathway to growing out of it and right now I don’t see that.
It seems as if the Calm Fund could not be run calmly at the scale it was.
Re: Calm Company Fund Is Taking a Break
#8I've followed Calm closely when I was in the startup game and I think they deserve recognition for trying to find a different way. One that benefits founders (primarily bootstrappers) and investors alike.
Seems like the third party in the mix has taken the hit in this constellation.
Thanks for your work and sharing openly!
Re: Calm Company Fund Is Taking a Break
#9I've always thought that the Calm Company Fund should have been a Equity Crowdfunding Platform instead of an investment fund. They should have created a platform to connect investors who want to invest in Calm Companies with founders looking to found (or grow) Calm Companies.
Its been fun following them, I think they had a lot of good ideas. Too bad they were unable to execute on their vision.
Re: Calm Company Fund Is Taking a Break
#10Just shows that VC is a hit driven business - again. VCs shouldn’t try to be PEs