#018 - Harsh Badera - Product management in construction tech
What happens when a construction engineer goes into construction tech?
Today we welcome Harsh Badera of Procore.
In this episode we deep dive into:
Harsh’s story starting from construction engineer up to his current position in Procore
ToDo's and not to-do's in the product management
If we are going to see more B2C products in construction
If you’re enjoying our podcast, please leave us a review! This helps us get more amazing guests to give you guys the best and most informative content on technology in the built world.
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Harsh Badera - Product Management at Procore | Startup Investor | Advisor | Speaker
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Today's Sponsor:
@Beta Construction and technology network platform - connecting the tech industry with traditional partners.
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00:00:00 --> 00:02:03 Intro + Sponsor
00:02:04 --> 00:05:52 History of Harsh’s journey from project manager to product manager
00:05:53 --> 00:07:54 Switching from project manager to product manager
00:08:24 --> 00:09:58 How do you see using software in construction?
00:09:59 --> 00:12:47 What is product management?
00:12:48 --> 00:14:47 Do you see a future where construction offers more services directly to the consumer rather than B2B?
00:14:48 --> 00:16:30 Given the amount of solutions, do you think that there is a singular source where they can all integrate?
00:16:31 --> 00:17:27 Agave Startup
00:17:28 --> 00:19:04 Is creating a product in construction different than in other industries?
00:19:05 --> 00:24:15 Do you have a product management process that you follow?
00:24:16 --> 00:27:29 Introduction of Procore
00:27:30 --> 00:29:01 Construction network
00:29:59 --> 00:31:43 Trust verification for the future of contracts
00:31:45 --> 00:36:38 Harsh’s thoughts about Katerra
00:40:20 --> 00:41:40 More about Harsh
00:41:42 --> 00:42:02 Outro
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Bricks & Bytes
#037 - Brendan Ardagh - The AI revolution in construction
In this episode, we sit down with Brendan, Co-Founder of Provision, who made the jump from a traditional QS role to a technology role. He shares with us his interesting journey and how he fell in love with construction.
During the episode we dive into:
Brendan's experience with the startup world
His Journey through Y Combinator
World of AI
Machine learning
If you’re enjoying our podcast, please leave us a review! This helps us get more amazing guests to give you guys the best and most informative content on technology in the built world.
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Brendan Ardagh Co-Founder of Provision
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Today's Sponsor: beta - Construction and technology network platform
- connecting the tech industry with traditional partners.
Chek www.the-beta.com
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Timestamps:
00:00:00 --> 00:01:22 - Intro
00:01:22 --> 00:02:04 - Sponsor
00:02:04 --> 00:04:35 - Brendan's journey from Quantity Surveyor to entrepreneur
00:04:35 --> 00:05:55 - Differences between the startup and technology scene in South Africa and Canada/US
00:05:55 --> 00:07:25 - Brendan's involvement with Y Combinator and how he got in
00:07:25 --> 00:13:29 - Innovation in construction industry and the difficulty in changing it
00:13:29 --> 00:16:13 - Discussing Y Combinator and the value it provides to startups
00:16:13 --> 00:18:16 - The dinosaur-like view of the construction industry and the potential advantage of being associated with Y Combinator
00:18:16 --> 00:30:31 - Introducing Provision and discussing AI & Chat GPT
00:30:11 --> 00:35:30 - Getting involved in using AI and where to start learning about it
00:35:30 --> 00:39:56 - Chat GPT and how it will impact construction industry in the future
00:39:56 --> 00:41:47 - The importance of utilising GPT effectively and jumping on opportunities presented by it
00:41:47 --> 00:42:55 - How open is OpenAI
00:42:55 --> 00:46:03 - Brendan’s routine
00:46:03 --> 00:46:53 - More about Brendan
00:46:53 --> 00:47:10 - Outro
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Bricks & Bytes
#027 - Jefferson Sanchez - Accelerating revenue for house remodellers
On today's show we have Jefferson Sanchez - Co-Founder & COO of Revonate.
In this episode we deep dive into:
Revenue acceleration for house remodellers
Web3
AI
Platform revolution in construction.
If you’re enjoying our podcast, please leave us a review! This helps us get more amazing guests to give you guys the best and most informative content on technology in the built world.
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Jefferson Sanchez - Co-Founder & COO of Revonate.
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Today's Sponsor: beta - Construction and technology network platform - connecting the tech industry with traditional partners.
Chek: www.the-beta.com
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Timestamps:
(00:00:00-00:01:12) - Intro
(00:01:12-00:01:54) - Sponsor
(00:01:54-00:03:21) - Jefferson’s journey to creating Revonate
(00:03:21-00:05:20) - Being a migrant and starting business
(00:05:20-00:09:13) - Key lessons learned from the failure of previous company
(00:09:13-00:10:29) - Introducing Revonate
(00:10:29-00:14:33) - AI powered construction contract
(00:14:33-00:17:13) - AI’s impact on construction in the future
(00:17:13-00:19:00) - Building trust layer in AI/ML technologies
(00:19:00-00:20:01) - Explaining Archidao
(00:20:01-00:24:04) - Use of blockchain in technology
(00:24:04-00:25:05) - Founding Revonate
(00:25:05-00:26:46) - Taking outside investments
(00:26:46-00:28:58) - Current economic situation and its impact on the future of construction tech world
(00:28:58-00:29:35) - Is Revonate designed only for the US market?
(00:29:33-00:31:16) - Jefferson’s marketing tactics
(00:31:16-00:34:46) - Work-life balance
(00:34:46-00:35:51) - Book recommendation
(00:35:51-00:36:20) - More about Jefferson
(00:36:20-00:36:38) - Outro
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Bricks & Bytes
How To Build A Unicorn In Construction Tech - Patric Hellermann
In today’s episode, we have Patric Hellermann, General Partner at the largest global early stage investor in construction technology - Foundamental.
Patric explains the 30bn opportunity in construction tech, the past and future models of unicorns, and how VC in the world of construction operates.
Tune in to find out about:
How VC funding in construction tech is defying the recession-hit VC ecosystem, showcasing opportunity and resilience unlike other sectors
The existing and future models of unicorn construction tech startups
What shapes the VC world in construction; from exceptional investors through to founder-fit, and what happens when a company begins to fail
Patric’s favorite investors and his way of staying creative while managing a career in VC
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Patric Hellermann | General Partner at Foundamental
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This episode is brought to you by Shft—helping contractors like you leverage BIM to secure a leading position in the race towards construction’s digital future.
Visit: https://maketheshft.digital
Timestamps:
(00:00:00-00:03:18) Intro
(00:03:18-00:06:32) How to Create a Venture Capital Company
(00:06:32-00:40:22) Funding Statistics in Construction
(00:40:22-01:07:57) Unicorns in Construction Tech
(01:07:57-01:11:17) Difference Between Private Equity and Early Stage VC
(01:11:17-01:15:59) How the Due Diligence Process Looks Like
(01:15:59-01:22:39) Differences in VCs in Construction and Other Industries
(01:22:39-01:42:07) Audience's Questions
(01:42:07-01:42:52) Outro
Retrofitting Yellow Machines: The $250,000 Labor Cost Savings in Construction
Are robots taking over construction sites? The future of "yellow machines" might surprise you.
In today's episode of Bricks, Bucks and Bytes, we got to learn about Teleo, a startup retrofitting heavy machinery for remote operation and semi-autonomous functionality.
We also explored the intriguing case of ServiceTitan's IPO plans, shedding light on the complex dynamics of venture capital and founder equity.
Additionally, we delved into the challenges and opportunities in automating construction equipment across various environments.
Tune in to find out about:
✅ The battle between full autonomy and teleoperation in construction robotics
✅ Why retrofitting existing machinery could be a game-changer
✅ How controlled vs. uncontrolled environments impact automation adoption
✅ The potential pitfalls of aggressive venture funding for founders
Listen now on Spotify to stay ahead of the curve in construction tech innovation.
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Chapters
00:00 Exploring the Robotics Space
03:02 Teleoperation vs. Full Autonomy
05:58 Applications in High-Risk Environments
08:55 Market Dynamics and Venture Backability
12:03 OEMs vs. Startups in Innovation
14:59 The Future of Autonomous Machinery
17:54 Service Titan's Path to IPO
31:09 The Russian Roulette of Venture Capital
34:41 Conflicts of Interest in Business Decisions
39:12 The Cost of Venture Capital
41:51 Understanding IPOs and Profitability
44:04 Economic Predictions and Their Implications
52:57 The State of Construction Technology in Europe
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Bricks, Buck$ And Bytes
What We Learned After a Year of Talking to Construction Tech's Biggest Names
"Follow the money to grow, follow your passion to build. While US construction tech startups have raised $30B, India's $1B investment is yielding better returns."
In today's episode of Bricks & Bytes, we did our November Monthly Review where we reflected on an action-packed month of content creation and exciting future plans.
We even explored fascinating market dynamics, founder insights, and geographic opportunities in construction tech.
Tune in to find out about:
✅ Our successful launch of the AI in Construction Report and first steps into monetization
✅ Highlights from our Boston trip interviewing startups at Suffolk's boost cohort
✅ Behind the scenes of the upcoming Ediphi super series releasing in January
✅ Plans for New York and San Francisco tour in 2025, plus a potential India expansion
Listen to the full episode on Spotify to hear Owen, Martin, and Patric discuss their key takeaways from November, upcoming content plans, and Patric’s take on why founders often over-obsess with product and under-obsess with distribution.
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Chapters
00:00 End of Year Reflections
03:01 Cultural Differences in Business Mindset
05:50 The Impact of Travel on Business
08:47 Exploring AI in Construction
12:11 The Role of Community in Innovation
14:55 Challenges in Design and Construction Software
17:52 The Disconnect Between Traditional and Startup Worlds
21:00 The Influence of Trust in Business Relationships
24:07 Venture Capitalists in Government
26:59 The Future of Governance and Innovation
32:48 Understanding Argentina's Political Landscape
35:09 The Importance of Product Distribution
40:40 Marketing Challenges in Construction Tech
43:47 Trends in AEC Technology
44:29 Talent Acquisition in the AEC Sector
46:03 Investment Trends in Construction Tech
50:34 Cultural Insights: Christmas Traditions
57:33 Closing Thoughts and Future Plans
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Bricks, Buck$ And Bytes
156 Indian Companies Grew 20% Annually for 20 Years: What It Means for Construction Tech
Did you know that India has 156 publicly listed companies that have grown their revenue by over 20% annually for the past 20 years? That's more than the US, China, Japan, and Germany combined!
In today's episode of Bricks, Bucks and Bytes, we got to learn about the upcoming IPOs of Swiggy and BlackBuck in India, signaling a vibrant economy and thriving tech sector.
We also discovered that B2B marketplaces are flourishing in India, with BlackBuck's successful IPO setting a positive example for similar companies worldwide.
Additionally, we learned about the opening IPO window in Western markets, with companies like ServiceTitan and Klarna preparing to go public.
Tune in to find out about:
✅ The surprising growth rates of Indian companies
✅ How B2B marketplaces are thriving in India
✅ The opening IPO window in Western markets
✅ Upcoming construction tech IPOs to watch
Listen now on Spotify to gain insights into the rapidly evolving construction tech landscape and investment opportunities in India and beyond.
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Bricks, Buck$ And Bytes
Cintoo's $37M Series B, Reality Capture Market Growth, Partech's Investment Strategy - How Cintoo Is Revolutionizing Reality Capture in Construction
Is the construction tech market becoming more obvious? Are we on the cusp of a tech IPO boom?
In today's episode of Bricks, Bucks and Bytes, we got to learn about Cintoo's $37 million Series B funding round led by Partech, signaling growing interest in reality capture and data compression for construction sites.
We also explored the potential for a surge in tech IPOs in 2025, as evidenced by Thrive Capital's rumored $1 billion investment in Databricks at a $55 billion valuation.
Additionally, we discussed the evolving landscape of construction tech investing, where specialist knowledge becomes less critical as companies mature and become more "obvious" to generalist investors.
Tune in to find out about:
✅ The growing market for reality capture in construction
✅ How to interpret large late-stage funding rounds
✅ The potential for a tech IPO boom in 2025
✅ The changing dynamics of specialist vs. generalist investors in construction tech
Listen to the full episode on Spotify to dive deeper into these insights and more.