Revelation Partners’ Managing Partner Mike Boggs is featured on The Distribution podcast, recorded live at the 2026 Venture Secondary Summit. Mike joined Justin Burden of Industry Ventures and host Brandon Sedloff for a wide-ranging conversation on the evolution of venture secondaries — from its origins as a tool for distressed sellers to its emergence as an institutional liquidity engine for private markets.
Topics covered include:
- Why specialization is the key to generating alpha in an increasingly crowded secondary market.
- The $800B+ in unrealized value trapped in private healthcare and what it means for the road ahead.
- How Revelation approaches sourcing and underwriting in a relationship-driven, by-appointment market.
- Why the future of venture secondaries depends on long-term counterparty partnerships, not one-off trades.