Episode Details

Founders can spend years building valuable companies while paying themselves almost nothing, with all of the upside locked away until an exit that may still be years off.

Kevin Smith, CEO at Venture Comet, is building a platform that helps founders release a small amount of equity earlier in the journey instead of waiting for a single make-or-break outcome at the end. One of the biggest shifts he points to is how much investor attitudes around founder secondaries have changed, with far more acceptance that giving founders some financial breathing room can actually help companies last longer and build bigger outcomes.

The Scaling Europe show is presented by Deel - check them out here:

https://get.deel.com/ruynb7o4lfjk

Sponsors:

Mishcon: https://www.mishcon.com/pop-ups/scaling-europe

Chargebee: https://www.chargebee.com/events/beelieve/london/2026

SurrealDB: https://surrealdb.com/

Airwallex: https://www.airwallex.com/uk?utm_source=other&utm_medium=partner_referral&utm_campaign=v01_emea_multi_ib_dg_prtmk_mofu_scalingeurope

Timestamps:

0:00 - Introduction

1:07 - What Venture Comet does

2:20 - Why founders struggle in years 3-5

4:52 - When founders should consider secondaries

6:24 - Why Kevin started the company

8:36 - The rise of founder secondaries

11:17 - How Venture Comet works with investors

13:48 - The future of Venture Comet

16:38 - Building differently the second time around

19:23 - Staying focused as a second-time founder