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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
My Observations on the Similarities between a Great Athlete and a Great Founder
- If something ain't broken, fix it
- Continual Innovation
- Definition of Excellence - consistently overachieve over a long period of time
- No one is bigger than the team, the team always comes first
- Toxic Team Culture
- Performance Under Pressure
- You can only Control what is in your Control
- Success is not final, failure not fatal, it is the courage to continue that counts.
- If you will it, it is no dream
- 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
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!
