For most, the IPO is the milestone. For Jay Heller, that’s when the real work begins.
In this episode of Startup to Stock Exchange, Seth Farbman sits down with Jay Heller, former Head of Capital Markets at Nasdaq, to discuss the lessons he’s learned from overseeing more than 3,000 IPOs and now building a company of his own.
Jay shares what separates companies that succeed from those that don’t, why going public is only the beginning, what founders need to understand about investors and the public markets, and why he ultimately left Nasdaq to become CEO of K-Lab.AI, a programmable payment infrastructure company using AI and blockchain to bring greater speed, transparency, and accountability to payments.
In this episode, you'll learn:
- What Jay Heller learned from overseeing more than 3,000 IPOs
- Why the IPO is only the beginning, not the finish line
- What separates companies that succeed in the public markets from those that don't
- Why Jay left Nasdaq to become CEO of K-Lab.AI
- How K-Lab.AI is using AI and blockchain to transform payment infrastructure
- Why strong teams, clear roadmaps, and investor alignment matter when building a public company
- What founders need to understand about delivering on their promises once they enter the public markets
Whether you're a founder, investor, CEO, or simply interested in the journey from startup to public company, this episode offers insights into IPOs, capital markets, leadership, and what it really takes to build a company for the long term.
🔔 Subscribe for more conversations with founders and CEOs building the next generation of public companies.
Connect with Jay:
LinkedIn: https://www.linkedin.com/in/jay-heller-345a033/
Chapters:
00:00 - Trailer
00:01:00 - Introduction of Jay Heller & K-Lab.Ai Overview
00:02:39 - How K-Lab.Ai Solves Supply Chain Friction
00:05:05 - Market Focus: Expansion in the US & Latin America
00:07:12 - Why Jay Heller Left Nasdaq to Become CEO
00:12:17 - The True Meaning of the Nasdaq Bell Ceremony
00:13:42 - Key Traits of Successful Public Companies
00:16:10 - The Origins & Evolution of K-Lab.Ai
00:18:52 - Navigating Government Contracts & White House Meetings
00:23:00 - What Makes an Effective CEO Across Different Industries
00:26:12 - Fundraising & Building the Ideal Cap Table
Connect with Seth
LinkedIn – https://www.linkedin.com/in/sethfarbman/
Instagram – https://www.instagram.com/sethfarbmanstock
TikTok – https://www.tiktok.com/@sethfarbman
Twitter (X) – https://x.com/sethfarbman1