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  4. #141 Leigh Jasper: Service stations to Silicon Valley, unpacking the $1.6B success of Aconex, chairing Second Quarter Ventures & LaunchVic
#141 Leigh Jasper: Service stations to Silicon Valley, unpacking the $1.6B success of Aconex, chairing Second Quarter Ventures & LaunchVic

#141 Leigh Jasper: Service stations to Silicon Valley, unpacking the $1.6B success of Aconex, chairing Second Quarter Ventures & LaunchVic

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Leigh Jasper is a leading entrepreneur, investor
and business executive. Leigh previously co-founded Aconex, the
world’s most widely used cloud collaboration platform for
managing construction projects. As CEO, he led Aconex through
multiple capital raisings, to an Initial Public Offering (IPO) in
2014 and company sale to Oracle Ltd for $1.6 billion in 2018.


Leigh is a founder of SecondQuarter Ventures + Saniel Ventures,
and is a director of SEEK Ltd, Salta Properties, the Burnet
Institute, Buildxact Pty Ltd, Zuuse, Matrak and the Jasper
Foundation. He is also the Chair of LaunchVic.


***


Episode guiding points: 


Learn about Leigh’s sunrise in Rutherglen in country Victoria
growing up around the family business, a car dealership — with
his dad also being a member of parliament and mum’s influence
raising Leigh and his sister.


We cover a lot in this conversation so strap in — importance of
loyalty, meeting his Aconex founder Rob Philpott during boarding
school, and how they first decided to start a business together
and why it became Aconex. It was fascinating to learn that Aconex
was started during a time when the concept of SaaS (software as a
service) was quite new with no AWS and no real concept of
customer pricing models. Some of the areas of the Aconex journey
we dive into include: The importance of doing sales as a founder,
their first expansion out of Australia, optimism bias and
narrowing focus and Leigh’s most painful learning.


Find out about Leigh’s transition following the Aconex sale to
Oracle, learning to say no, tracking his time, setting up a
foundation with his life, his advice to founders on selling some
equity to be more risk on with a financial safety net and more.


It’s now time to explore your curiosity. Please enjoy!


***


Follow us on Instagram, LinkedIn or Twitter


Contact us via our website to discuss sponsorship opportunities,
recommend future guests or share feedback, we love hearing how to
improve! 


Thank you for rating / reviewing this podcast on Apple Podcasts
and Spotify, it helps others find us and convince guests to come
on the show! 


***


This episode is brought to you by Fullstack Advisory, Australia's
top tech accounting firm, designed specifically for innovative
tech founders and investors. They provide founder-friendly
support across Accounting & Tax, R&D Tax Incentives,
Bookkeeping, and CFO Advisory -- so you can focus on what you do
best, innovating and growing your business. Get in touch with
Stuart and the team today! 


***
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