
Clearbanc raises $70M to give startups ad money for a rev share
TechCrunch Startup News · TechCrunch
November 15, 20186m 42s
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Show Notes
Selling equity to buy Facebook and Google ads is a bad deal for startups. Clearbanc offers a fundraising alternative. For fast-growing businesses reliably earning sales from their marketing spend, Clearbanc offers funding from $5,000 to $10 million in exchange for a steady revenue share of their earnings until it’s paid back plus a 6 percent fee.
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