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David Shein

Partner at OIF Ventures

David Shein is a Partner at OIF Ventures, a venture capital firm based in Australia that focuses on investing in early-stage businesses with innovative and disruptive technologies. He has been with OIF Ventures since July 2016 and plays a significant role in mentoring entrepreneurs and building successful teams within the companies they invest in.13

Background and Experience

Shein has over three decades of experience in founding, mentoring, and investing in startups, with several successful exits. He is known for his leadership in building ComTech, which became Australia's first tech unicorn, generating significant revenues and achieving a valuation exceeding one billion dollars at the time of its sale.25 His career includes various roles, such as:

  • Non-Executive Chairman at MOQdigital (2014-2022)
  • Executive Director at OurCrowd (2014-2018), a leading equity crowdfunding platform
  • Mentor to Founders at One Big Switch (2012-2014), focusing on consumer empowerment.15

Philosophy and Approach

David Shein emphasizes the importance of integrity, determination, and vision in founders. He believes that successful investments stem from understanding the founder's vision and their ability to attract customers. His approach involves being closely involved with the teams he supports, ensuring that they share a common vision and commitment to success.34

Contributions to Innovation

In addition to his role at OIF Ventures, Shein has served on advisory boards aimed at promoting women's participation in innovation and technology in Australia, reflecting his commitment to fostering a diverse and inclusive entrepreneurial environment.13

Highlights

Aug 12 · linkedin

My Observations on the Similarities between a Great Athlete and a Great Founder

  1. If something ain't broken, fix it
  2. Continual Innovation
  3. Definition of Excellence - consistently overachieve over a long period of time
  4. No one is bigger than the team, the team always comes first
  5. Toxic Team Culture
  6. Performance Under Pressure
  7. You can only Control what is in your Control
  8. Success is not final, failure not fatal, it is the courage to continue that counts.
  9. If you will it, it is no dream
  10. Grit, Determination and Persistence

Interested - read more on the link below

Ben Crowe OIF Ventures Matt de Boer Simon Molnar Phil Kearns AM Andrew Mehrtens Tatafu Polota-Nau Ed Cowan Grant Hackett OAM Mark Robertson Nova Peris OAM OLY MAICD

Oct 7 · linkedin

Only 6 Sleeps to Go

Super excited to release my book “ The Dumbest Guy at the Table - How I Built Australia’s First Unicorn”. It’s the best book I’ve written 😜.

I’m proud that together with the support of Amazon - who have been amazing to work with - that 100% of the proceeds will be going to the Blackdog Institute.

Lookout for my post next week to place your orders. Hopefully together we can make a massive difference and contribution to support those suffering from mental illness and if you learn from the book that will be awesome too!

Related Questions

What are some of the most successful companies David Shein has invested in?
How did David Shein's experience at BlueFire Technology influence his venture capital career?
What are the core values of OIF Ventures according to David Shein?
Can you tell me more about David Shein's book "The Dumbest Guy At The Table"?
How does OIF Ventures differentiate itself from other venture capital firms in Australia?
David Shein
David Shein, photo 1
David Shein, photo 2
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Experience

Partner at OIF Ventures (July 2016 - Present)
Non Executive Chairman at MOQdigital (September 2014 - November 2022), Executive Director at OurCrowd (February 2014 - January 2018), Mentor to Founders at One Big Switch (April 2012 - December 2014), at Advance Woman’s Participation in Innovation and Tech (March 2018 - February 2020)

Education

Matric at King David High School (1975 - 1977), Highlands North High (1973 - 1974), B.Commerce and B.Accounting, Accountancy at University of the Witwatersrand (1980 - 1984)