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.
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ANECDOTE

Hiring for Attitude

  • David Shein prioritized attitude over skills when hiring.
  • He hired Scott Petty, who later became Vodafone UK's CTO, without seeing his CV.
ANECDOTE

Dave Colvin's Journey

  • David Shein hired Dave Colvin, despite his appearance, and he became a top tech employee.
  • He supported Colvin's growth, even when it meant him leaving for a UK job.
INSIGHT

Financial Security vs. Fulfillment

  • Despite selling Comtech for over a billion dollars, David Shein didn't feel fulfilled.
  • He realized financial security doesn't equal purpose.
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