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Mike Townsend Idea Machine. Raised $24M for 3 startups, sold 2

Portland, OR
Raised $24M for 4 companies, sold 3 of them, and have coached dozens of founders through business strategy and raise fundraising. If you want to raise a Seed or Series A round of capital for your startup, I have developed a program that WORKS if you put in the work, regardless your background or where you live. Investors have a huge advantage over Entrepreneurs because they see 300 deals per month, they have the network and they know how to play the game. So many great founders never raise money because they fail at fundraising. I'll walk you through key fundraising steps: - Refining your pitch and vision - Developing the pipeline of investors - Gathering introductions - Timing of the intros - Answering typical investor questions - How to close the deal quickly If…

Areas of Expertise

  • Reviews 67
  • Answers 1

Mike is awesome. Very knowledgeable and willing to help out. Highly recommend taking the time to speak with him.

Source: Clarity Andrew Monreal Jul 7, 2023

Start your call with Mike by asking - how we should use this time best. He will expertly guide you with critical questions and then unleash wisdom. Be ready to be concise so you can get the download of advice you need.

Source: Clarity Shane Finlay Mar 24, 2023

I have learned a lot from this call with Mike, thank you for the fantastic feedback on my pitch desk! Going to schedule another call for sure in the near future :)

Source: Clarity Syed Ali Aug 31, 2022

Mike was great! We reached out to Mike because we were struggling to pivot our business models. He was able to understand our challenges and gave us really cool ideas. Highly recommended to anyone who wants to get new idea or clarity on their ideas.

Source: Clarity Kuenyoung Park Aug 30, 2022

First class experience! Super recommended!!

Source: Clarity Crispen Breslin Jul 21, 2022

Mike with Mike was beyond expectation and he had some great insights to share. Highly recommend!

Source: Clarity Lucas Francioli Jul 12, 2022

Excellent call again with Mike - helped me get clear on next steps.

Source: Clarity Sandeep Banga Jul 1, 2022

Mike was fantastic to connect with for ideation and brand strategy. In such a short time he was able to provide so much value!

Source: Clarity Jana Hallam May 31, 2022

Very productive, high value!

Source: Clarity Sandeep Banga May 26, 2022

Great call with Mike. He patiently listened to my requests and shared some really valuable insights. I will be scheduling a follow-up.

Source: Clarity Sandeep Banga May 23, 2022
Mike Townsend, Idea Machine. Raised $24M for 3 startups, sold 2 answered:

A few quick ideas:
- Can you rent the furniture equipment (lease it on a monthly basis), for startups that don't want to pay the high up front cost?
- Can you offer a peer to peer listing service for other startups to sell their unwanted space or furniture to each other and you manage it?
- Can you add an option for individuals to book day rates to work from an office instead of coffee shops?
- Can you innovate on the actual financial model of the "selling of space", i.e. make a no down payment, have weekly payments instead of monthly for cash strapped companies?
- Can you rent our space in unorthodox places like bars, night clubs, and night restaurants that can pop up for day time work space from 8am-5pm?

Just a few quick ideas, would be helpful to know what your business is!

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