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Podcast: The Glossy Podcast
Episode: Clearbanc's Michele Romanow: 'You have to be a digital business and own your customer'
Description: In Clearbanc president Michele Romanow's view, regular banks are pretty clueless."Banks don't understand digital business," she said on the Glossy Podcast. "They understand if you're a restaurant with a pizza oven, and that if your business goes out of business, they can sell the pizza oven, as it has residual value."But they're less likely to accurately value inventory or to understand that a strong customer acquisition strategy -- if a DTC company has gotten there -- is a valuable asset in itself.Founded in 2015, Clearbanc provides funding for widespread companies...