The Sachin and Adam Show Building Australia's First Unicorn and OIF with David Shein
Dec 13, 2022
David Shein, founder of Australia's first unicorn Com Tech, discusses facing reality and making tough decisions to succeed as a founder. He reflects on leaving a company and the challenges of transitioning. The podcast also explores managing reality and the future of OIF, his admiration for others in the industry, and memorable investments at OIF.
AI Snips
Chapters
Transcript
Episode notes
Facing Reality
- Face reality as it is, not as you wish it to be.
- Change before you have to, especially in changing markets.
Fairfax's Missed Opportunity
- Fairfax had "rivers of gold" from classifieds but ignored the internet.
- They celebrated the dot-com crash, missed the internet's rise, and lost their business.
Early Influences and Risk-Taking
- David Shein's dad encouraged him to start a business.
- Low opportunity cost and family support enabled him to take the risk.