In this episode of the Planet MicroCap Podcast, I'm joined by Chris Marlett, Co-Founder and CEO of MDB Capital Holdings (NASDAQ: MDBH), to unpack the firm’s differentiated “public venture” model and why he believes the traditional venture capital and private equity ecosystem is breaking down. Chris explains how MDB operates as a hands-on merchant bank—building and taking early-stage, big-idea companies public as an alternative to VC—while addressing the shrinking U.S. microcap universe, the misperceptions around the cost of being public, and the opportunity created by a severe shortage of high-quality public companies.

We also discuss MDB’s focus on category leaders with billion-dollar potential, its equity-aligned business model, and why public markets can offer founders a more attractive path to scale, liquidity, and long-term value creation. We mention a number of companies and sectors during this conversation, and I’m not a shareholder in any of them.

Chapters

00:00 Introduction to MDB Capital Holdings 01:40 Chris Marlett's Journey in Microcap Financing 03:19 Founding MDB Capital Holdings 08:22 Understanding Public Venture vs. Big Ideas 10:55 The Cost of Going Public 15:31 The Shift in Private Equity and Venture Capital 20:26 Why Now is the Time for MDB Capital 26:42 Identifying the Sweet Spot for IPOs 27:18 The Importance of Unique IP in Deep Tech 28:34 Navigating the Public Venture Ecosystem 29:51 Differentiating in a Competitive Market 30:50 The Challenges of Investment Banking 33:16 The Future of Microcap Investment 36:28 Sourcing Profitable Companies 39:19 Expanding Focus Beyond Deep Tech 41:09 Engaging with Institutional Investors 43:24 The Need for Follow-On Financing 46:02 Upcoming Opportunities in the Pipeline 50:11 Determining Ideal IPO Sizes

For more information about MDB Capital Holdings, please visit: https://www.mdb.com/

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The purpose of this conversation is for informational and educational purposes only and should not be construed as a recommendation to purchase or sell any security. Planet MicroCap Holdings LLC and MicroCapClub LLC are not registered investment advisors. Planet MicroCap Holdings LLC, MicroCapClub LLC, its partners, contractors, members, subscribers, guests, and affiliates may or may not hold positions in one or more of the securities mentioned on this program and may trade in such securities at any time. Do your own due diligence and seek counsel from a registered investment advisor before trading in any security.

Public Venture Advantage with Chris Marlett, Co-Founder & CEO of MDB Capital Holdings

Planet MicroCap Podcast | MicroCap Investing Strategies

Public Venture Advantage with Chris Marlett, Co-Founder & CEO of MDB Capital Holdings