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A Permanent Place For Hyper-Niche Software w/ Michael Girdley, Dura Software (Episode 26)

A Permanent Place For Hyper-Niche Software w/ Michael Girdley, Dura Software (Episode 26)

FromValue Hive Podcast


A Permanent Place For Hyper-Niche Software w/ Michael Girdley, Dura Software (Episode 26)

FromValue Hive Podcast

ratings:
Length:
108 minutes
Released:
May 22, 2020
Format:
Podcast episode

Description

This episode is brought to you by TIKR. Join the free beta today at TIKR.com/hive
This week we chat with Michael Girdley. Michael's list of accomplishments and ventures would take up the rest of this description! In short, he loves building businesses and creating products that resonate with customers. 
He's the founder of Geekdom Fund, CodeUp and his newly launched fund, Dura Software. 
The conversation covers all things venture capital, start-up business, as well as Michael's personal background and passions. We also discuss the types of companies Michael looks to invest in, as well as pitfalls of traditional value-based investment strategies. 
Here's the outline: 
[2:00] Michael's Early Interest in Computers
[7:00] Working For The Family Fireworks Business
[16:00] The Struggle with Delayed Feedback in Business & Investing
[26:00] Michael's CodeUp Start-up Story
[31:00] The Power of A Fully Refundable Education
[35:00] Creating Stories Through Brands
[37:51] Net Promoter Score & Why It Matters
[53:00] What Did & Didn't Work at Geekdom Fund
[55:00] What Michael Looks For In Investments
[67:00] Zoom & Shopify's Valuation
[77:00] The Transition from Geekdom to Dura Software
[90:00] Why Value Screens Remove Great, Venture-Like Companies
[97:00] Michaels Favorite Books of 2019 
[107:00] Closing Questions 
If you enjoyed this conversation and want to learn more about Michael, give him a follow on Twitter here. 
Also, if you or someone you know is interested in selling their software business, check out Dura Software. 


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Support this podcast: https://anchor.fm/valuehive/support
Released:
May 22, 2020
Format:
Podcast episode

Titles in the series (100)

Welcome to The Hive! It's nice in here, isn't it? The Hive is a collection of investors, entrepreneurs, thinkers and individuals dedicated to getting a little smarter each day. If you're a fan of value investing, business models, eclectic success and failure stories -- this is your podcast. Our goal is to provide you the highest quality interviews with new twists on old topics. Fresh perspectives on antiquated ideas. Passionate discourse on all things investing. Join us as we strive to improve a little bit each day: https://macro-ops.com/ Support this podcast: https://anchor.fm/valuehive/support