Clearbanc

7 statements across 1 episodes · 3 bullish · 0 bearish · 1 people on the record · first statement May 10, 2019 by Michele Romanow · across every show →

Everything said about Clearbanc, oldest first

May 10, 2019 bullish
Prediction Not checkable as stated
Romanow: Alternative financing will enable founders to retain 50% equity at IPO
“You know, I think we win when five years from now, founders are going public, and they're back to owning half their companies again, and there will be no greater source of pride.”
Michele Romanow May 10, 2019 ▶ 27:25 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
May 10, 2019
Assertion Not checkable as stated
Romanow: Clearbanc replaced Stanford MBA analysts with automated data science models
“The only way that we could do this in 20 minutes is we totally had to change the model, and so instead of using smart Stanford MBAs, we had to use data science and technology, and we had to really understand, and the data sources had to be big enough.”
Michele Romanow May 10, 2019 ▶ 22:05 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
May 10, 2019 neutral
Disclosure
Romanow: Clearbanc earns a 6% fee on deployed capital
“I mean, this is a business where I make, you know, six percent when we put out our money, and so we don't have the luxury of a VC fund where you're picking lottery tickets, and one company can really carry a bunch of losses.”
Michele Romanow May 10, 2019 ▶ 10:04 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
May 10, 2019
Assertion Partly supported
Vinebox doubled its Series A valuation after taking Clearbanc capital
“You know, he took some of our capital last year in Q four, got to raise a series A that was double the valuation.”
Michele Romanow May 10, 2019 ▶ 14:57 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
May 10, 2019 bullish
Assertion Not checkable as stated
Clearbanc funds ad spend cheaper than equity to preserve founder ownership
“We can fund that for way cheaper than equity can, and ultimately that means that founders will be able to keep way more of their companies by the time they go public.”
Michele Romanow May 10, 2019 ▶ 9:23 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
May 10, 2019 positive
Insight
Romanow: Scalable growth channels should be funded with debt, not equity
“VC is true risk Capital. This, you know, zero to one risk that we describe. If you are building a crazy piece of AI and need 50 engineers or solving a disease, VC is the perfect fit for you. What I'm saying is, ClearBank, we're like, if you know that channels …”
Michele Romanow May 10, 2019 ▶ 14:19 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
May 10, 2019
What-if
Romanow: Clearbanc could not have existed three years ago
“To make no mistake, this company could not Three years ago. I mean, the data sources themselves had to be big enough, and then we had to figure out what are the indicators that did matter, and how to assess unit economics, and return on ad spend, and all of th…”
Michele Romanow May 10, 2019 ▶ 22:19 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
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