Ep193 – Llew Jury (General Partner & Exec Chairman – Sprint Ventures) on nurturing talent and building generational companies

The Startup Playbook PodcastInsights and lessons from the world's best entrepreneurs and investors Twitter Facebook YouTube Instagram Ep193 – Llew Jury (General Partner & Exec Chairman – Sprint Ventures) on nurturing talent and building generational companies July 25, 2024 rohitbhargava Podcast My guest for Ep193 of The Startup Playbook Podcast was Llew Jury. Llew is the General Partner and Executive Chairman of Sprint Ventures, a Queensland based VC with two funds and 18 portfolio companies that is investing in companies that build a better future. He has just helped Sprint secure funding from QIC’s VCDF for his third early stage Seed fund. Prior to launching Sprint Ventures, Llew founded a number of successful businesses. Between 2006 and 2016, Llew was the Founder and Managing Director of The Reload Group, one of Australia’s largest digital & eCommerce marketing agencies. Llew built the Reload business to 90 staff and 300 clients before Reload was acquired by Hardie Grant Media in 2022. From 1999 to 2006 Llew was co-Founder of leading Queensland web, eCommerce and digital agency Alfresco, that was sold to a consortium led by the ASX listed STW Group. In this episode we covered a range of topics including: The common mistakes founders make when it comes to sales and marketing Llew’s approach to backing and building generational businesses How to leverage partners for growth How to nurture relationships and talent and much more! Timestamps: 1:58 Llew’s background 7:10 Launching his first business Alfresco, growing it and getting acquired 10:10 Lessons from first business and how he’s applied that to subsequent businesses 11:55 Advice to founders on balancing life and work 14:56 Things he looks for when investing in founders 16:32 The story of finding his co-founder at The Reload Group 19:46 Nurturing talent 23:31 The process of expanding internationally out of Australia 27:30 Tactics and common founder mistakes in sales, marketing and partnerships 37:45 Sprint Ventures investment thesis 42:57 His thoughts on the current investment landscape in Australia 46:52 Running a services business vs high growth business 49:28 Building relationships and playing the long game Our partners: A big thank you to Kylie Merritt, Ian Campbell and Craig Sommerville for their help with this interview! Also a big shout out to our partners for the show: Scendar  Scendar is the OG startup accounting firm in Australia catering to all stages of your business’ life. If you’re busy running your startup, you don’t have time to do your own books and forecast. Instead, fully outsource your finance function, giving you time and resources back to focus on what you do best in growing your business. Find out more at Scendar.com Vanta Vanta helps businesses get — and stay — compliant by automating up to 90% of the work for the most in-demand compliance frameworks. And with over 300 integrations, you can easily monitor and secure the tools your business relies on.Join over six thousand fast-growing companies that use Vanta to manage risk and prove security in real time.Startup Playbook Podcast listeners get access to an exclusive offer of USD$1000 off their plans. Head over to vanta.com/playbook to get access to this exclusive discount. Links mentioned: 8 year podcast event: Live Podcast event with Leigh Jasper (Registration) Llew’s links: Llew’s LinkedIn Sprint Ventures People mentioned: Kylie Merritt Craig Somerville Jim Collins Georgia Barkell Bryan Williams Matt Vitale Companies mentioned: River City Labs Subway Hockey Stick Advisory QIC Queensland Venture Capital Development Fund (QVCDF) Birchal Brisbane Angels Sydney Angels Melbourne Angels Guzman y Gomez Feedback/connect/say hello: [email protected]@RohitBhargava7 (Twitter)/rohbhargava (LinkedIn)@rohit_bhargava (Instagram)My Youtube Channel Credits: Music: Paycheck Other channels: Find all of the links for the podcast on Linktree here https://traffic.libsyn.com/secure/startupplaybook/Ep193_-_Llew_Jury.mp3Podcast: Play in new window | Download | EmbedSubscribe: RSS admin January 1, 2014 Reply Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat admin January 1, 2014 Reply Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat admin January 1, 2014 Reply Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. 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