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.1 3

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.2 5 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.1 5

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.3 4

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.1 3

Highlights

Mar 11 · youtube.com

Achieving Unicorn Status Ft David Shein(Partner at OIF Ventures)

Aug 5 · ecare365.com.au

#38 Building Australia's first unicorn - David Shein, Partner OIF ...

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), Non Executive Chairman at Centric Wealth (July 2011 - February 2014), Executive Chairman at MacromatiX (July 2004 - November 2012), CEO and Chairman at Holly Connects (February 2002 - December 2007), Founder and CEO at Dimension Data Australia (July 1987 - October 2001), Government Advisory Board 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)