My guest for Episode 143 of The Startup Playbook Podcast was the Co-founder & Executive Chairman of AgriWebb, Justin Webb.
Describing Justin as a successful serial entrepreneur, would not be doing justice to his background.
He studied economics and applied mathematics at Harvard and did a post-graduate MBA at Oxford. He would then take his work on the application of Machine Learning and AI in asset management to found and grow 2 hedge funds before selling them to Macquarie Bank and Westpac.
He then went on to found and build PacWealth Capital into a $4Bn Advisory firm in the South Pacific.
He is now the Co-founder & Executive Chairman of AgriWebb which is on the mission to digitise on-farm production data.
Since launching 6 years ago, the company manages over 15m head of livestock across 90m acres around the globe and recently raised a $30M Series B round, valuing the company north of $100M.
In this interview we covered a range of topics including:
AgriWebb’s journey to $100M valuation
How to attract and retain great talent
How to find your believers and early adopters
The future of Agtech
& much more!
2.53 – Justin’s background before and leading up to starting AgriWebb
6.51 – The parallels between sport and business following Justin’s past as a Rower
10.37 – How Justin started two hedge funds that were eventually sold to Westpac and Macquarie
13.37 – Moving back to Australia and getting involved in family business
16.22 – Where the idea for AgriWebb stemmed from and advice for finding a business idea for early stage founders
21.33 – Building a great team
29.01 – Finding the early adopter customer in traditionally slow to market industries
34.36 – Choosing when and how to respond to customer feedback when creating features
42.01 – Managing a growing team and how the founders role changes as the team grows
47.42 – Building family first culture within a team and building culture remotely