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#123 David Shein: Influences of South Africa + Australia, founding a billion $ company with young family & unpacking investing in the best at OIF
Manage episode 358575394 series 3309365
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In this episode #123 w David Shein, learn about:
David’s memories of growing up in South Africa during a divided time for the country, the influences of his father, a businessman and mother, a piano teacher — and his 2 older brothers.
I asked Dave about his move to Australia in the 80’s or “gods country” as he calls it. You may be aware that he founded ComTech, Australia’s first unicorn but what you may not know is the story behind this, especially having a young family and being new in Australia.
Dave was candid about his biggest regret, how’s he made career decisions, the meaning of success, how he’s managed to build a knack of understanding people quickly and maintaining high quality relationships with leaders in business, sport, politics and more.
And I couldn’t release this episode without asking Dave some of the hard questions about his fund, OIF, best in class investor relationships, and his unfiltered advice to founders in this uncertain climate.
It’s now time to explore your curiosity. Please enjoy!
(Timestamps below)
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02:15 - Secrets to looking young
02:52 - Where were you born and live now?
03:18 - What was your first job and now?
05:00 - High Flyer in David’s life
07:25 - Growing up in South Africa during a divided country
11:52 - Chartered Accounting family
13:05 - 3 brothers
15:42 - Moving to Australia in 1981
19:34 - Founding ComTech with a young family
22:01 - Sitting on a gold mine
25:00 - Financial success
27:22 - Career decision making hierarchy
34:55 - VC as a career path today
38:00 - Judging people in 5 minutes
41:00 - Cultivating high quality relationships
44:37 - OIF and US connection
48:26 - Best in class investor relationships
52:02 - Hall of fame
54:10 - Advice to founders in today’s market
57:40 - Balance between growth and profitability
01:00:22 - Success, respect, reputation
01:02:28 - Rapid fire
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