#024 - Nick Decker - Go To Market, Marketing & Sales In Construction Tech
Where and how do you focus when it comes to launching your construction tech to the market?
Today on Bricks & Bytes, alongside Nick Decker of Egnyte - we discuss go-to-market strategies, marketing and sales in construction technology
Tune in to learn:
Nick's rise from estimator to high level marketing positions
Go To Market strategies
KPI's & Metrics contech companies should be tracking
Implementation
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Nick Decker Construction Industry - Egnyte.
Lead - Construction Market
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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:
(0:00:00-00:01:46) - Intro & sponsor
(00:01:46-00:04:35) - Key lessons
(00:04:35-00:06:29) - Why did Nick switch fields?
(00:06:29-00:10:57) - How would a startup determine their go to market strategy?
(00:10:57-00:13:59) - Founder's vision
(00:13:59-00:16:11) - Bad examples in construction and why we need new people?
(00:16:11-00:17:59) - Social platform for a startup
(00:17:59-00:20:45) - What is Egnyte?
(00:20:45-00:22:34) - Who are Egnyte's customers?
(00:22:34-00:23:36) - Expansion of Egynte
(00:23:36-00:24:36) - Views on customer success
(00:24:36-00:27:55) - KPI's and metrics
(00:27:55-00:29:20) - Customer acquisition
(00:29:20-00:32:41) - Risk management
(00:32:41-00:34:15) - Does Egnyte work for designers or contractors?
(00:34:15-00:36:10) - Best tip for implementing construction tech solutions
(00:36:10-00:36:54) - Hobbies
(00:36:54-00:38:39) - How many times have you visited UK?
(00:38:39-00:38:58) - More about Nick
(00:38:58-00:39:16) - Outro
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#047 - Prakash Senghani - Exploring Generative AI and Digital Transformation in Construction
In today's episode, we are delighted to introduce our esteemed guest,
Prakash Senghani, a Digital Construction thought leader and the Co-Founder and CEO of Navatech Group. Join us as we engage in a deep discussion on the Exploring Generative AI and Digital Transformation in Construction.
Don't miss out on these key highlights from the podcast:
Prakash Senghani's personal journey in the construction tech industry.
Lessons learned: Embrace opportunities and overcome fear of failure.
Reflections on working in the UK and the UAE construction industries.
Tech-savvy population in the UAE accelerating tech adoption.
Importance of software adoption in construction tech.
Digital transformation, data management, and generative AI.
Tune in to gain valuable insights and industry expertise from
Prakash Senghani. Stay informed and connected with our podcast for more enriching discussions on interesting topics on construction.
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Prakash Senghani, Co-Founder and CEO of Navatech Group
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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
Timestamp:-
00:00:00 --> 00:01:10 - Intro
00:01:10 --> 00:01:52 - Sponsor
00:01:52 --> 00:07:45 - Prakash's background and moving from the UK to the UAE
00:07:45 --> 00:08:52 - Openness of people to technologies in the UAE
00:08:52 --> 00:10:30 - Type of technologies mostly used in the UAE
00:10:30 --> 00:13:06 - Key lessons Prakash learned during his journey
00:13:06 --> 00:15:32 - Digital transformation and innovation in large organisation vs. small startup
00:15:52 --> 00:17:03 - Definition of digital transformation
00:17:03 --> 00:17:57 - Understanding data as key to success
00:17:57 --> 00:20:51 - The way startups sell their solutions to large companies
00:20:51 --> 00:25:43 - Best ways of implementing technology
00:25:43 --> 00:26:50 - Improvement of BIM technology over time
00:26:50 --> 00:28:15- Prakash’s definition of generative AI
00:28:15 --> 00:29:37 - Introduction of safety.ai
00:29:37 --> 00:32:19 - Generative AI use cases in construction industry
00:32:19—> 00:33:47 - Generative AI and its adoption amongst people
00:33:47 --> 00:38:45 - Future use of AI in construction industry and its impact on people
00:38:45 --> 00:42:35 - Comparing life in the UK to the life in the UAE
00:42:35 --> 00:44:09 - How to become a board advisor
00:44:09 --> 00:44:56 - More about Prakash
00:44:56 --> 00:45:18 - Outro
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Bricks & Bytes
#071 - Mauricio Tessi Weiss - How VCs Shape the Construction World
In today’s episode of Bricks & Bytes, we have Mauricio Tessi Weiss, Founding Partner at Zacua Ventures.
In this episode, we delve into the future of Venture Capital, exploring how VCs perceive investment failures, what they seek in pitches, and much more!
Tune in to find out about:
Where the construction industry fits in the world of venture capital investments
How to connect with VCs for your startup
What successful founders do right and wrong
Tips on getting in touch with VCs for your startup
If you enjoy today’s episode, leave us a comment. And don’t forget to subscribe to our channel!
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Mauricio Tessi Weiss | Founding Partner at Zacua Ventures.
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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:
(00:00:00 - 00:01:17) - Intro
(00:01:17 - 00:07:33) - How he started his career in Venture Capital
(00:07:33 - 00:10:00) - Where Construction stands in terms of Venture Capital Investments
(00:10:00 - 00:15:50) - The Future of Venture Capital
(00:15:50 - 00:22:32) - How VCs see failure in Investment
(00:22:32 - 00:25:14) - What VCs look for in your pitch
(00:25:14 - 00:33:10) - Key Traits and Mistakes Successful Founders make
(00:33:10 - 00:35:37) - Outro
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Bricks & Bytes
#023 - James Major - Sustainability in designing homes
On today's show we have James Major who is the CEO of HUBB.pro.
James is on a mission to build a platform for house builders, property developers, architects and contractors to build high quality, low carbon and net zero homes in the most efficient way possible.
In this episode, we talk about sustainability and creation of better quality homes.
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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James Major | Founder of HUBB.pro
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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
Timestamps:
00:00:00 --> 00:01:19 - Intro
00:01:19 --> 00:02:04 - Sponsor
00:02:04 --> 00:03:15 - History of James journey from consulting to Hubb Pro
00:03:15 --> 00:04:32 - Mindset of people in construction and technology industry
00:04:32 --> 00:05:54 - How was the process of transition for your?
00:05:54 --> 00:06:57 - How do you enforce keeping deadlines within your team?
00:06:57 --> 00:09:13 - Fractional roles in James’ business
00:09:13 --> 00:13:42 - The importance of having CPO role
00:13:42 --> 00:15:24 - Is having a CPO better than having a CTO?
00:15:24 --> 00:21:23 - Introducing Hubb Pro and explaining how it works
00:21:23 --> 00:21:52 - Is there any regulations that designers can follow to improve the sustainability of homes?
00:21:52 --> 00:25:38 - What do you think about market's stance on sustainability?
00:25:38 --> 00:28:58 - What are some of the biggest mistakes you’ve made whilst building Hubb Pro?
00:28:58 --> 00:32:09 - How much more expensive it is now to build something sustainable?
00:32:09 --> 00:33:12 - James’ productivity tip
00:33:12 --> 00:33:51 - What book could you recommend?
00:33:51 --> 00:35:10 - James' hobbies
00:35:10 --> 00:35:32 - More about James
00:35:32 --> 00:35:50 - Outro
Human Touch in Construction Sales, False Tech Solutions, and Large Company Lawsuits - Bricks, Bucks & Bytes
"Try to keep all your human touch points and automate them on the backend."
In today's episode of Bricks, Bucks and Bytes, we dive into the world of B2B marketplaces in construction. We explore why human touch points are crucial for success, especially in an industry built on trust and relationships.
We also discuss the recent lawsuit between Oracle and Procore, where Oracle accuses a former employee of stealing trade secrets related to payment management software.
Plus, we explored HomeBoost, a startup offering simplified energy assessments for homes using AI. But is it too good to be true?
Tune in to find out about:
✅ The pros and cons of AI-powered home energy assessments
✅ The potential impact of the Oracle vs. Procore lawsuit on the construction tech industry
✅ Why B2B marketplaces in construction need to maintain human interactions
✅ The increasing trend of investors suing portfolio companies in recent years
Ready to dive deeper? Listen to the full episode on Spotify and join the conversation!
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5 Things Founders Control During Fundraising That Most Don't Know About - Bricks, Bucks and Bytes
"VC is rocket fuel. Do not spend it on a Fiat 500. Only put very expensive rocket fuel if you're actually building a rocket."
In today's episode of Bricks, Bucks and Bytes, we got to learn about Speckle's recent Series A raise, showcasing the renewed liquidity in early-stage funding for 2024.
We also discovered that the construction tech sector saw impressive growth in seed stage funding sizes during Q3 2023, signaling a positive shift in the market.
Plus, we gained invaluable insights from Patrick Hellermann on what really makes VCs tick when it comes to investing in startups.
Tune in to find out about:
✅ The magic "100x potential" that VCs are looking for
✅ Why information asymmetry is your secret weapon between fundraising rounds
✅ How to leverage social validation to your advantage
✅ The power of building a rockstar team to secure funding
Listen to the full episode on Spotify and arm yourself with the knowledge to make your next pitch irresistible!
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Bricks, Buck$ And Bytes
Speckle's $12.5M Funding - How Open Source Software Is Changing Construction Design
Speckle's $12.5M Series A: A Game-Changer for AEC Data Infrastructure
In today's episode of Bricks, Bucks and Bytes, we got to learn about Speckle's impressive $12.5 million Series A funding round, led by Addition, to build the first data hub for the AEC industry.
We also learned about Rexel's rejection of an unsolicited $8.5 billion takeover bid from QXO, signaling potential shifts in the building materials distribution landscape.
Additionally, we gained insights into Patrick Hellermann's framework for evaluating potential investors, emphasizing the importance of avoiding detrimental influences over perceived value-add.
Tune in to find out about:
✅ Speckle's open-source approach to AEC data infrastructure
✅ The potential impact of QXO's ambitious plans on the building materials distribution sector
✅ Key considerations for startups when evaluating corporate investors
✅ The importance of prioritizing non-interference and quality input from investors
Listen to the full episode on Spotify to dive deeper into these fascinating topics in construction tech and venture capital.
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Bricks, Buck$ And Bytes
Construction Tech Funding Hits $35 Billion: What's Next?
From AI-powered construction sales to billion-dollar air taxi gambles: Inside the high-stakes world of tech funding!
In today's episode of Bricks, Bucks and Bytes, we got to learn about Building Radar's impressive €6.5 million funding round from Socii Capital, powering their AI-driven sales automation software for the construction industry.
We also dove into Fundamentals' Q3 update on AEC Tech funding, revealing that total cumulative VC funding for construction tech has hit a whopping $35 billion - triple the 2019 level!
Plus, we had a heated discussion about Lilium, the German air taxi startup seeking a controversial bailout after burning through millions.
Tune in to find out about:
✅ How Building Radar is revolutionizing sales in construction
✅ The surprising increase in construction tech's share of overall VC funding
✅ Why some VCs are calling for government bailouts (and why it's raising eyebrows)
✅ The ethics of venture capital in high-risk, high-reward industries
Ready for a deep dive into the world of construction tech and VC drama? Hit play on Spotify and join the conversation!
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Company Mentioned:
Building Radar
Lilium
SpaceX
Tesla
WeWork
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