Is remote sales killing your construction tech startup? One founder learned it the hard way. By listening to an investor who had no idea. In this episode of Bricks, Bucks and Bytes, we got to learn about Kelvin, a French startup using AI for home energy audits, which just raised 4.7 million euros. We explored Turner & Townsend's latest construction cost survey, revealing cooling inflation across the sector. Also, we delved into Vinod Khosla's controversial take that 90% of VCs add no value, with Patrick offering his candid perspective. Tune in to find out about: ✅ Why Kelvin's remote energy assessment model may face challenges ✅ How construction labor shortages are reaching critical levels worldwide ✅ The dangers of taking advice from investors unfamiliar with construction ✅ Why construction cost inflation varies dramatically by region ---------------------- Sign up to the #1 Newsletter In Construction Tech. Join over 1,000 like-minded Founders, Investors and Techies disrupting the way we build. Forever : https://bricks-bytes.beehiiv.com/subscribe ---------------------- Company Mentioned: Kelvin Turner and Townsend Enter Enpal Schneider Electric Mac Markler Kosla Ventures Modulus --------------------- Timestamps: 00:00 Introduction and Podcast Name 02:17 Kelvin: Using Technology for Energy Efficiency Audits 03:21 Construction Costs and Inflation 09:19 Challenges of Remote Data Assessment in Construction 35:15 The Dishonesty in the Investment World 49:00 The Lack of Exits in Construction Tech 53:27 Finding Value in Investors 55:43 Insights from Ex-Employees of Construction Tech Companies