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Michele Romanow on the TechTO stage

Michele Romanow

Co-founder & Executive Chairman, Clearco

FintechTorontoOn TechTO stages since 2017

Serial entrepreneur who started six companies before 35 — from a caviar fishery to Buytopia and SnapSaves (sold to Groupon) — Michele Romanow co-founded Clearco, the Toronto fintech funding e-commerce founders with revenue-share capital instead of equity. She stepped back from the co-CEO seat in January 2023 and now serves as Clearco's executive chairman, sits on the board of Vail Resorts, and remains a dragon on CBC's Dragons' Den, back for its 20th season in fall 2025. She's been talking shop at TechTO since 2017.

On the TechTO stage ×5

First seen on the TechTO stage in 2017. Every talk is searchable — ask the archive about Michele

In their words

School teaches you how to be perfect — how to go and get 100% on an exam. I had to unlearn most of the things I learned in school, because that's not what startups are about. It's about doing things at about 60% right but executing faster than anyone else.

TechTO Monthly, Jan 2017 · watch at 04:17

Andrew and I went to Wall Street and we got 200 no's — 200 debt investors who said this will never work. Now all those people come back and they're like, wow, you've built a category. Yeah — this is what it feels like to build a category: everyone laughs at you at the beginning.

TechTO Intuit Prosperity Accelerator: AI Demo Day, Mar 2022 · watch at 04:48

We have completely eliminated this bias — there is now no question that if you are working from home, you are actually working. I think this will put women ahead 50 years, because now it's totally normal to go pick up your kid and do a call.

TechTO Intuit Prosperity Accelerator: AI Demo Day, Mar 2022 · watch at 26:09

we don't want at the you know for all of history people have the people with capital have decided what got built and now we're trying to shift that balance of power

TechTO Together, Apr 2020 · watch at 02:17

there's only so much ownership to go around so I have to give up ownership so that the frontline individual contributors and the whole team can have more

TechTO Together, Apr 2020 · watch at 10:06

we are not setting the expectation that this will be easy like this is going to be war time for at least the next 90 days if not more

TechTO Together, Apr 2020 · watch at 07:37
A few quotes can’t cover everything Michele said on the TechTO stage. 1,600+ talks are searchable.Ask about Michele

More from TechTO ×3

Around the web ×3

Quick answers

What is Clearco and how is it different from venture capital?

Clearco (originally Clearbanc) funds founders with revenue-share capital instead of equity or debt, with no personal guarantees. Founders connect the data sources that run their business and get a capital offer within 24 hours instead of months of pitching.

What companies did Michele Romanow start before Clearco?

She started six companies before her 35th birthday, including a sturgeon caviar fishery, daily-deal site Buytopia, and SnapSaves, a coupon app Groupon bought in 2014. Clearco was her sixth startup.

What advice does Michele Romanow give founders?

Just do it — stop planning ('your plan should fit on a post-it'), stay scrappy, and remember CEO 'stands for chief everything officer.' She says only about 20% of what she tries starts to work, and every successful company 'almost went bankrupt 20 times.'

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Maintained by TechTO · facts sourced and dated · last reviewed Aug 29, 2026