Listen "Jeff Parks from Stack Capital"
Episode Synopsis
Jeff Parks is the CEO of Stack Capital.
Stack Capital Group is a publicly listed entity on the TSX that looks for disruptive growth and late-stage businesses primarily in Canada and the US to invest in.
Their current portfolio includes exposure to Locus Robotics, SpaceX, Prove Identity, Newfront Insurance, Omio, Hopper, Varo, Bolt Financial and Canva.
By investing in Stack Capital Group, investors gain exposure to disruptive pre-IPO companies that are very difficult to access. Additionally, since Stack Capital Group is publicly traded, investors are not locked up for long periods and can allocate holdings to registered accounts.
Takeaways
Why timing is crucial for going public.
Signs such as hiring a CFO, investor relations focus, and revenue growth can indicate a potential IPO.
Masterclass into secondaries, what they are, how they work, and how to acquire them from early investors, employees and founders.
How to do due diligence and research on private companies.
Why folks would get ownership in Stack's diversified portfolios versus taking cash.
Dive deeper into Stack's unqiue business model.
Chapters
00:00 Key Learnings at Venator
01:01 Genesis of Stack Capital
04:21 Valuing Equity in Private Companies
05:27 Adding Value to Founders
06:57 Due Diligence on Private Companies
07:25 Targeting Companies for the Portfolio
08:45 Red Flags in Private Companies
16:10 Valuations in the Private Market
20:30 Timing of Going Public
23:08 Signs of a Company Going Public
26:29 Reselling Founder/Executive Shares
27:06 Interesting Private Companies
28:41 Analyzing Businesses
31:48 Building Trust
34:33 Raising Capital for Stack
36:52 Dealing with Hard Times
39:30 Opportunities in Growth and Late Stage Assets
Stack Capital Group is a publicly listed entity on the TSX that looks for disruptive growth and late-stage businesses primarily in Canada and the US to invest in.
Their current portfolio includes exposure to Locus Robotics, SpaceX, Prove Identity, Newfront Insurance, Omio, Hopper, Varo, Bolt Financial and Canva.
By investing in Stack Capital Group, investors gain exposure to disruptive pre-IPO companies that are very difficult to access. Additionally, since Stack Capital Group is publicly traded, investors are not locked up for long periods and can allocate holdings to registered accounts.
Takeaways
Why timing is crucial for going public.
Signs such as hiring a CFO, investor relations focus, and revenue growth can indicate a potential IPO.
Masterclass into secondaries, what they are, how they work, and how to acquire them from early investors, employees and founders.
How to do due diligence and research on private companies.
Why folks would get ownership in Stack's diversified portfolios versus taking cash.
Dive deeper into Stack's unqiue business model.
Chapters
00:00 Key Learnings at Venator
01:01 Genesis of Stack Capital
04:21 Valuing Equity in Private Companies
05:27 Adding Value to Founders
06:57 Due Diligence on Private Companies
07:25 Targeting Companies for the Portfolio
08:45 Red Flags in Private Companies
16:10 Valuations in the Private Market
20:30 Timing of Going Public
23:08 Signs of a Company Going Public
26:29 Reselling Founder/Executive Shares
27:06 Interesting Private Companies
28:41 Analyzing Businesses
31:48 Building Trust
34:33 Raising Capital for Stack
36:52 Dealing with Hard Times
39:30 Opportunities in Growth and Late Stage Assets
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