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The Exit - Presented By Flippa

Jumping on Trends with Brett Martin

The Exit - Presented By Flippa

The Exit - Presented By Flippa

Technology

52K Ratings

🗓️ 31 October 2022

⏱️ 24 minutes

🧾️ Download transcript

Summary

This week on The Exit: Brett Martin is changing the world of virtual office space and events but he wasn’t always so focused on solving real problems. His first big venture involved building a proximity based social media app. The hype before launch was huge, but when users got their hands on the app they weren’t impressed. The business lost a lot of money fast, and Brett was forced into an exit. Listen to learn what he's learnt and why he jumps on trends when the opportunity comes along. Kumospace enables remote and hybrid teams to work together in a virtual office and allows them the ability to meet for all-hands, brainstorm on whiteboards, and work side-by-side. Charge Ventures is a venture capital firm based in New York that invests with passionate founders that are building world-class products and services addressing the problems of the future. LinkedIn - https://www.linkedin.com/in/brettlucasmartin/ Website - https://charge.vc/ Website - https://www.kumospace.com/ -- The Exit—Presented By Flippa: A 30-minute podcast featuring expert entrepreneurs who have been there and done it. The Exit talks to operators who have bought and sold a business. You’ll learn how they did it, why they did it, and get exposure to the world of exits, a world occupied by a small few, but accessible to many. To listen to the podcast or get daily listing updates, click on flippa.com/the-exit-podcast/

Transcript

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0:00.0

Hello, and welcome to the Exit presented by Flip by the World's largest marketplace to buy and sell online businesses and startups.

0:06.5

The Exit is a 30-minute podcast featuring amazing entrepreneurs who have been there and they have done it.

0:10.9

The Exit talks to operators who have bought and sold businesses of all different sizes, you'll learn how they did it,

0:15.8

why they did it, and get exposure to the world of Exits.

0:18.6

It's a world occupied by a small few, but accessible to many.

0:22.8

Now, in this episode, I sit down with Brett Martin.

0:26.0

He's an awesome entrepreneur and investor who's currently the founder of Kumov Space.

0:32.9

And to put this into perspective here, it's like an immersive video chat platform that we went into after the interview,

0:41.2

and it was a lot of fun walking around.

0:43.5

You can only hear the people that you're in this little circle with and its video and really innovative approach to work.

0:50.5

In this interview, we talked through the successful investments he's made, the exits he's gone through,

0:57.2

not only as an investor, but as an operator himself.

1:00.8

And it was a lot of fun talking through his story.

1:04.8

One of the most fundamental parts here that I wanted to talk about was the trend is your friend.

1:11.6

And we touch on this briefly in the interview and at the end, where going where the fast water is.

1:17.7

And I talk about this analogy in the interview, but it's really fundamental.

1:23.3

So for everybody out there that is operating a business in a space that's really moving quickly,

1:30.8

and with timing, it's very difficult to time exits or businesses specifically.

1:37.1

And anyway, timing is a lot of luck.

1:41.0

But I do believe that when I talk to Brett,

1:45.3

there's a lot to unpack around not only the people that he's investing in when it comes to charge ventures,

1:52.5

which he's currently the co-founder and investor in alongside Kumo space.

...

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