Michael (Spence) Spencer, Managing Director
Spence has deep experience in virtually every facet of business investment, from negotiating capital raises for startups to managing 300M+ in investment capital. He has played a role in more than 50 companies – exceeding 800M in revenue. He has a solid track record of serving as a fractional CFO for startups and legacy companies, navigating growth through the complex world of equity, debt and lending.
Early on Spence recognized his passion was not big business, but applying his experience to foster entrepreneurialism. He is passionate about empowering Founders and sharing his knowledge and expertise to help them achieve their vision. His style stands out in the world of shark investors and due-diligence, but he is most fulfilled in the role of mentor, empathizer and trusted partner.
At IPH, Spence takes the lead in identifying investment opportunities and Founders with which to partner. He guides the firm’s investment thesis, seeking those companies that bring something unique and inspiring to the table. He educates Founders on the many ways to fund a company and provides guidance as they navigate deal structure and cashflow management. Spence has an eye for identifying early potential pitfalls and pointing Founders toward lasting solutions.
Spence’s education is as broad as his skillset. He holds a M.S. in Finance and a M.S. in Architecture from the University of Texas, and a B.S. in Neuroscience from Baylor. He is a Techstars mentor, a charter member and mentor at TiE Rockies, and member of the Urban Land Institute. He is an avid reader of anything that can teach him something new about business or the human condition, be it The Economist or the Tao. Growing up a competitive swimmer, Spence is happiest anytime he’s near the water (which can be a challenge in land-locked Colorado).