Episode 10: Matthew Pryor on startup acquisitions and building an Australian agtech ecosystem
Welcome to season two of the Bushtech Podcast! We kick off this season with a serial entrepreneur, Matthew Pryor, who is one of very few agtech founders with a successful exit. In 2016, Observant, a business Matthew co-founded, was acquired by Jain (more on that here). Now, Matthew is involved with the early-stage food and agtech ecosystem as Chair of the Rocket Seeder accelerator.
In this episode, you'll hear from Matthew on:
The journey from Silicon Valley entrepreneur to working with researchers and industry to launch an agtech startup in Australia that was eventually acquired
The importance of failure in any startup's story, and why a celebrating failures is so critical
Tips for current and aspiring agtech entrepreneurs on service models, international expansion, customer breadth vs depth, and scaling hardware operations
Opportunities for producer-led innovation and producer + entrepreneur collaborations
The importance of adopting a global perspective on agtech, and acknowledgement that agtech, though highly related to our food and fiber production systems, is a distinct industry with billions of dollars of potential
Acquisition myths...and what happens after an exit!
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