Spencer Stensrude is a business analyst for Ag Ventures Alliance, a company that invests in startups aimed to support and innovate the agricultural industry. The company itself was formed by farmers in Iowa in the late 90s. One of their latest investments is a company called SwineTech and is headed by Matthew Rooda. As the name implies, SwineTech is a company focused on innovating the swine industry, and right now its focus is on preventing sows from crushing their piglets.
On today’s episode, Spencer and Matthew talk about how they met, what their companies are all about, and how they started working together. They also share their prediction for the agricultural industry in the future and one of the biggest issues in the pork industry and how it’s affecting the economy.
“We are happy the company making money and sending us a check vs having to sell the company to someone else to pay back the investors.” – Spencer Stensrude
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