#033 - Scott Ellison - 'Go to market' in the construction tech
Excited to share this brilliant and latest episode of the Bricks and Bytes Podcast, where we take a deep dive into the world of construction, technology, and business.
In this episode, Scott Ellison, a strategy consultant, talks about his personal connection to the construction industry and his journey to becoming an advisor and investor in tech companies. Here are some of the highlights:
⁃ How Scott's personal connection to the construction industry started with his uncles, who were general contractors, and his job working in a hardware store.
⁃ The impact of the ubiquity of smartphones, cloud, and SaaS on the construction industry and how it has led to a slower but steady shift towards digitisation.
⁃ The importance of software infrastructure in construction tech and how it needs to be laid down first before we can fully appreciate the benefits of new ways of capturing information.
⁃ Go-to-market strategies, such as product-led growth that have created value in certain sector.
Tune in to the episode to learn more about Scott's insights and his thoughts on the future of the construction industry!
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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Scott Ellison - Investor | Advisor | Judge | Mentor
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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 --> 00:01:05 - Intro
00:01:05 --> 00:01:45 - Sponsor
00:01:45 --> 00:03:33 - Scott's background and personal connection to the construction industry
00:03:33 --> 00:04:26 - The impact of technology on the construction industry
00:04:26 --> 0006:38 - The importance of software infrastructure in construction tech
00:06:38 --> 00:08:12 - The challenge of data islands and pockets in the construction industry
00:08:12 --> 00:10:40 - Go-to-market strategies in built tech, and how it can make or break a startup
00:10:40 --> 00:13:06 - Table stakes in the game of building a successful startup
00:13:06 --> 00:14:35 - Playbook in construction tech
00:14:35 --> 00:20:30 - Introduction to the concept of Product-Led Growth (PLG)
00:20:30 --> 00:24:25 - The unique dynamics of construction industry
00:24:25 --> 00:26:04 - The concept of respect to disrupt ratio
00:26:04 --> 00:27:17 - Setting up a strategy for a startup
00:27:17 --> 00:32:35 - The challenges faced by people from outside and inside the industry when introducing change
00:32:35 --> 00:34:52 - Key metrics in early-stage investing
00:34:52 --> 00:37:41 - Individual (jockey) over the idea (horse) in early-stage investing
00:37:41 --> 00:39:15 - Exciting ideas and technologies in construction tech
00:39:15 --> 00:41:02 - Scott's advice to companies in the construction tech on hiring, firing, marketing and finance
00:41:02 --> 00:42:25 - The student debt crisis in the US and how it impacts the construction industry's ability to attract top talent
00:42:25 --> 00:44:43 - Robotics and technology changing the construction industry workforce
00:44:52 --> 00:46:36 - Thoughts on hot trends in construction industry
00:46:36 --> 00:48:55 - Scott's passions
00:48:55 --> 00:49:37 - Top skill for entrepreneurs
00:49:37 --> 00:50:10 - More information about Scott
00:50:10 --> 00:50:28 - Outro
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Bricks & Bytes
#015 - George Dobbins - Building the Best Leadership Teams & BETA
How do you build the most effective c-suite and executive leadership team?
Today, we speak with @George Dobbins, Co-Founder of @Beaumont Bailey and Mentor at @Pi Labs.
Listen in to hear George's advice on:
Building effective leadership teams
Key mistakes when starting up and building your c-suite
George's relationship with an ex Dragon (from Dragon's Den)
Recommendations on the best restaurants in the UK
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In releasing this podcast, we are also delighted to announce our partnership with @beta.
BETA is the UK’s leading build environment & technology networking platform. Their main aim is to connect traditional industry with technology partners as well as connecting construction & proptech companies with advisors, VC’s, angel investors, technology partners AND contacts at some of the top corporations in the UK, Europe and globally.
More info in the comments.
Thanks for all your support on the podcast so far. We have more exciting guests lined up in the coming months.
Please also help us out by reviewing our podcast on whichever platform you get your podcast from.
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Bricks & Bytes
#050 - Hattie Walker- Arnott - Founder of AI-RE - Real Estate In 2023
In today’s episode of Bricks & Bytes we got a chance to talk with Hattie Walker- Arnott, founder of AI-RE, to discuss innovation and disruption in real estate 2023.
Tune in to find out about:
The impact of large language models and AI
Areas of disruption in Real Estate
Blockchain hype In 2023
What it takes to become a tech advisor
If you enjoy today’s episode, leave us a comment. And don’t forget to subscribe to our channel!
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Hattie Walker-Arnott | Senior Regeneration Advisor at Perspicio | Founder of AI-RE | ConTech
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Today’s Sponsor: beta – Construction and technology network platform
– connecting the tech industry with traditional partners.
Check www.the-beta.com
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Timestamps:
(0:00:00-0:09:08) - Intro
(0:09:08-0:10:24) - How to manage between ideas effectively
(0:10:24-0:12:27) - Definition of Real Estate 2023
(0:12:27-0:16:12) - Innovation taking place in Real Estate
(0:16:12-0:36:57) - Areas of Real Estate that needs to be disrupted
(0:36:57-0:40:30) - Blockchain Hype
(0:40:30-0:47:20) - What it needs to become a Tech Advisor
(0:47:20-0:52:33) - Outro
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Bricks & Bytes
#064 - Anande Bergman - Step-By-Step: How Automation Is Changing Everything In Construction
In today’s episode of Bricks & Bytes, we have Anande Bergman, Developer Relations At VIKTOR and expert in AEC business process automation.
Learn about the step-by-step processes of automation, parametric design, breathtaking automation in construction, the future of automation, and much more!
Tune in to find out about:
Differences and similarities between an Engineer and a Developer
Fundamentals and the steps of automating processes
The basics of parametric design
The future and current state of automation in construction
If you enjoy today’s episode, leave us a comment. And don’t forget to subscribe to our channel!
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Anande Bergman | Developer Relations at VIKTOR | ConTech
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Today’s Sponsor: beta – Construction and technology network platform
– connecting the tech industry with traditional construction partners.
Check www.the-beta.com
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Timestamps:
(0:00 - 3:00) - Intro
(3:00 - 4:15) - Differences in Engineer and Developer
(4:15 - 6:22) - Differences and Similarity between Aerospace Engineering and Structural Engineering
(6:22 - 14:30) - Fundamentals and Steps of Automating Processes
(14:30 - 21:25) - Cool Automations in Construction
(21:25 - 25:20) - How to Identify Areas that Could be Automated
(25:20 - 31:07) - What is Parametric Design?
(31:07 - 34:40) - Are People Resilient for Automations or Not?
(34:40 - 40:30) - Future of Automations
(40:30 - 44:12) - 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.