He shares how he went from being an on-course bookie to building a business that grew from 100 to a quarter of a million customers in just 18 months! After selling to William Hill in 2013, Tom became the CEO of William Hill Australia, overseeing a massive $2.5 billion turnover. But Tom wasn’t done yet—he’s now focused on a new adventure: his own venture fund, investing in tech suppliers for the gambling industry. He explains his unique option strategy and how he’s building a global portfolio.
Timestamps: 00:18 – Meet Tom Waterhouse and a quick intro to his background 01:07 – From on-course bookie to launching TomWaterhouse.com 02:26 – Growing the online business and selling to William Hill 05:45 – Tom’s time as CEO of William Hill Australia 11:15 – Starting his venture fund and focusing on gambling tech suppliers 16:55 – The option strategy and finding the next big thing 19:30 – Diversification and expanding globally 27:00 – Why execution is everything when it comes to startup success 31:10 – What’s next for Tom and his fund
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How Tom Waterhouse Turned a Family Legacy into a Global Venture Fund
DEC 17, 202431 MIN
How Tom Waterhouse Turned a Family Legacy into a Global Venture Fund
DEC 17, 202431 MIN
Description
In this episode of Give It A Nudge, Steve chats with Tom Waterhouse, a well-known name in Australian bookmaking and online betting. Tom opens up about his fascinating journey, from growing up in a family of bookmakers to launching his own online betting business, TomWaterhouse.com, in 2009. <br /><br />He shares how he went from being an on-course bookie to building a business that grew from 100 to a quarter of a million customers in just 18 months! After selling to William Hill in 2013, Tom became the CEO of William Hill Australia, overseeing a massive $2.5 billion turnover. <br />But Tom wasn’t done yet—he’s now focused on a new adventure: his own venture fund, investing in tech suppliers for the gambling industry. He explains his unique option strategy and how he’s building a global portfolio.<br /><br />Timestamps:<br />00:18 – Meet Tom Waterhouse and a quick intro to his background<br />01:07 – From on-course bookie to launching TomWaterhouse.com<br />02:26 – Growing the online business and selling to William Hill<br />05:45 – Tom’s time as CEO of William Hill Australia<br />11:15 – Starting his venture fund and focusing on gambling tech suppliers<br />16:55 – The option strategy and finding the next big thing<br />19:30 – Diversification and expanding globally<br />27:00 – Why execution is everything when it comes to startup success<br />31:10 – What’s next for Tom and his fund<br /><br />Don't forget to subscribe to Give It A Nudge for more fun and insightful chats with founders and industry leaders shaking things up!<br /><br /><br />Become a supporter of this podcast: <a href="https://www.spreaker.com/podcast/give-it-a-nudge--4623437/support?utm_source=rss&utm_medium=rss&utm_campaign=rss">https://www.spreaker.com/podcast/give-it-a-nudge--4623437/support</a>.