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Michele Romanow

Co-founder of Clearco, a revenue-share financing company. Appears regularly on the Canadian Shark Tank.

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May 10, 2019 • 31min

20VC: Clearbanc's Michele Romanow on Why 40% of VC $ Raised Today Goes To Google and Facebook, How To Create A Financing Mechanism For The Repeatable Parts Of Your Business & Why We Need To Stop Celebrating Fundraises

Michele Romanow, Founder and CEO of Clearbanc, is revolutionizing startup funding by providing entrepreneurs with capital without requiring equity. She discusses why 40% of VC dollars flow to tech giants and argues against the current funding celebration culture. Michele advocates for innovative financing mechanisms tailored to repeatable revenue models, particularly for e-commerce. She emphasizes the importance of retaining control while navigating volatile customer acquisition costs and envisions a future where diverse entrepreneurs thrive.

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