#051 - Ron Nussbaum - From Marines to Tech Founder: Communication, Construction Tech, and Bootstrapping a Startup
In today’s episode of Bricks & Bytes we got a chance to talk with Ron Nussbaum, founder of BuilderComs, to discuss the importance of communication in the construction process, social media presence, team building more:
We also touch on Ron's transition from the US Marines to Construction and his present venture - BuilderComs.
Tune in to find out about:
Importance of focussing on solving customer’s PAIN points
Importance of communication in Construction
How to build a successful team in your business
75 Hard Challenge
Importance and leveraging of social media presence
If you enjoy today’s episode, leave us a comment. And don’t forget to subscribe to our channel!
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Ron Nussbaum | Founder of BuilderComs | ConTech
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We are travelling to Chicago to Procore Groundbreak on September 19th and 20th to interview innovators in construction technology - let us know if you are coming!
If you are, use promo-code BRICKS100 for $100 off your ticket price.
Check https://www.procore.com/groundbreak
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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:
(0:00:00-0:07:43) - Intro
(0:07:43-0:12:22) - Introduction of BuilderComs and Ron’s experience transitioning from Marines to Construction to Tech Startup Founder
(0:12:22-0:17:28) - How to address a long-standing customer pain point in the construction industry
(0:17:28-0:23:16) - How to find ideal team members
(0:23:16-0:25:14) - Role as a CEO, founder, and hands-on contributor
(0:25:14-0:32:47) - Importance of building audience and brand recognition
(0:32:47-0:37:10) - Bridging the Knowledge Gap in Construction
(0:37:10-0:41:25) - 75 Hard Challenge: A Life-Changing Routine
(0:41:25-0:42:56) - Outro
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Bricks & Bytes
#055 - Kingma Ma - Getting Inside a VC's Mind: Pitching, Investing, Common Mistakes, Due Diligence and Funding
In today’s episode of Bricks & Bytes, we have Kingma Ma, Managing Director UK at PT1 and Member Board of Directors at UK PropTech Association (UKPA).
In this episode, we discuss PT1’s investment thesis, mistakes businesses make when pitching their services to VCs, VC's approach to investing in startups, ConTech in the UK vs. Europe and much more!
Tune in to find out about:
The VC investment process
Most common framework VCs follow for investing in businesses
What makes a great founder
PT1’s due diligence process
If you enjoy today’s episode, leave us a comment. And don’t forget to subscribe to our channel!
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Kingma Ma | Managing Director UK at PT1 | ConTech
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We are travelling to Chicago to Procore Groundbreak on September 19th and 20th to interview innovators in construction technology - let us know if you are coming!
Check https://www.procore.com/groundbreak
—-----------------------------------
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:
(0:00:00-0:06:55) - Intro
(0:06:55-0:09:35) - Day in the life of an MD in the UK
(0:09:35-0:21:00) - PT1's framework for investing in businesses
(0:21:00-0:30:30) - PT1’s due diligence process
(0:30:30-0:32:50) - Comparing ConTech in the UK vs. Europe
(0:32:50-0:35:15) - Determining the potential success of a startup
(0:35:15-0:39:10) - Common mistakes businesses make when pitching their services
(0:39:10-0:41:00) - VC's approach to investing in startups
(0:41:00-0:58:20) - Best practices for VCs when communicating with investors
(0:58:20-0:59:07) - Outro
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Bricks & Bytes
#017 - Andrius Sutas - Exiting Fintech To Construction Tech & Solving Contractual Issues On Site
What happens when someone decides to automate contracts that were once (and probably still are!) delivered through shipping containers and cranes?
Yes, this is a true story...
Today we welcome Andrius Sutas of Simple Construction Software.
In this episode we deep dive into:
Andrius' story from exited founder to his new venture
ToDo's and not to-do's in the construction tech and start-up world
Why buzzwords suck
Why small steps win over giant leaps
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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Andrius Sutas:
Founder & CEO Simple Construction Software | Co-Author The Founder Handbook | Founded AimBrain (exited to BioCatch) | Forbes 30 under 30
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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 --> 00:01:39 - Intro
00:01:39 --> 00:02:20 - Sponsor
00:02:20 --> 00:03:55 - History of Andrius Sutas
00:03:55 --> 00:07:32 - Forbes 30 and under 30
00:04:55 --> 00:07:32 - Background about AimBrain
00:07:32 --> 00:08:26 - Is Aimbrain the foundation of Simple Construction Software
00:08:26 --> 00:15:09 - Simple Construction Software
00:15:09 --> 00:15:35 - Does Simple Construction Software use blockchain?
00:15:35 --> 00:18:11 - A related new area that could be tackled?
00:18:11 --> 00:20:24 - The Founder Handbook
00:20:24 --> 00:21:21 - Time management
00:21:21 --> 00:23:37 - Are mentors important? What qualities should they have?
00:23:37 --> 00:27:12 - Are having experiences founding members in a startup important?
00:27:12 --> 00:29:05 - Is the fintech industry smarter than the construction industry?
00:29:05 --> 00:30:13 - Which industry is most exciting in the future
00:30:13 --> 00:32:34 - AI, Machine learning, Deep learning and general AI
00:32:34 --> 00:39:21 - To Do's and Not To Do's for starting a business
00:39:21 --> 00:42:06 - Hobby of Andrius
00:42:06 --> 00:42:26 - More about Andrius
00:42:26 --> 00:42:44 - Outros
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Check out the links in the comments
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Bricks & Bytes
#012 - Ben Richards - Entrepreneurship in construction
If you want to hear a story how Ben went from poker player to founding successful architectural practice and cofounding two other construction businesses - look no further.
In this episode we speak with Ben Richards of Aura Architecture, architectural practice.
Ben talks about his journey of setting up traditional construction businesses. He explains his approach to risk taking in business and also how he is disrupting "measured surveys" industry with his latest venture XP Surveys.
We hope you enjoy the podcast.
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 $35 billion - triple the 2019 level!
Plus, we had a heated discussion about Lilium, the German air taxi startup seeking a controversial bailout after burning through millions.
Tune in to find out about:
✅ How Building Radar is revolutionizing sales in construction
✅ The surprising increase in construction tech's share of overall VC funding
✅ Why some VCs are calling for government bailouts (and why it's raising eyebrows)
✅ The ethics of venture capital in high-risk, high-reward industries
Ready for a deep dive into the world of construction tech and VC drama? Hit play on Spotify and join the conversation!
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Company Mentioned:
Building Radar
Lilium
SpaceX
Tesla
WeWork
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Sign up to the #1 Newsletter In Construction Tech. Join over 1,000 like-minded Founders, Investors and Techies disrupting the way we build. Forever : https://bricks-bytes.beehiiv.com/subscribe
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Bricks, Buck$ And Bytes
AI, Low-Carbon Cement, and the Missing Science VCs: Hidden Pitfalls in Construction Tech Investing
Venture capital flooding into AI startups, but are we overlooking the real breakthroughs in construction materials?
In this episode of Bricks, Bucks and Bytes, we explored Findable, a Norwegian startup transforming building documentation, which raised €9 million in Series A funding.
We discussed Holcim's investment in Sublime Systems' innovative low-carbon cement technology, sparking a conversation about sustainable building materials.
Also, we delved into a VC's perspective on the challenges faced by startups valued between $50-200 million in revenue but struggling to find exit opportunities.
Tune in to find out about:
✅ The potential and challenges of AI-driven document management in real estate
✅ Why scientific breakthroughs in building materials can't be rushed with capital
✅ The importance of distribution advantages in AI-powered construction tech
✅ The complexities of valuation and exit strategies for mid-sized startups
Listen to the full episode on Spotify to gain valuable insights into construction tech, venture capital, and sustainable building materials.
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Bricks, Buck$ And Bytes
Enscape's Journey From Idea To Exit - Moritz Luck, Co-Founder & CEO
From garage startup to major exit: The Enscape story
In this episode, we had Moritz, co-founder of Enscape, and we got to learn about his journey from a university project to a game-changing 3D rendering software... and many more!
Tune in to find out about:
✅ How Enscape evolved from a VR treadmill idea to revolutionizing architectural visualization
✅ Why focusing on customer happiness trumps optimizing for investor metrics
✅ The power of community-driven marketing in the AEC industry
✅ The future of AI in rendering and its impact on existing tools
Listen now on Spotify to hear Moritz's insights on building a successful startup, navigating acquisitions, and the future of design technology.
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Company Mentioned:
Enscape
Chaos
Autodesk
Lumion
Twinmotion
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Timestamps
00:00 Introduction and Guest Introduction
03:02 The Evolution of Enscape
06:07 Understanding Rendering in Architecture
09:01 The Role of Rendering in the Design Process
12:01 Enscape's Position in the Rendering Market
15:02 Innovations and Challenges in Rendering Technology
18:00 The Journey of Enscape: From Founding to Exit
20:59 Acquisition Insights and Market Dynamics
23:55 Customer-Centric Approach to Business
26:54 The Future of Rendering and AI Integration
29:59 The Design Stack: Merging Tools and Technologies
32:59 Community and Distribution Strategies
35:48 Final Thoughts and Future Directions
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Bricks, Buck$ And Bytes
Can Small Modular Nuclear Reactors Solve Big Energy Problem? - Last Energy's $40M Bet on Energy Independence
Nuclear power's comeback? Last Energy raises $40M for micro modular reactors
In this episode of Bricks, Bucks and Bytes, we got to learn about Last Energy's $40 million Series B funding for developing 20 MWe micro modular nuclear power plants.
We also explored how nuclear energy fits into the broader energy landscape, including its role in providing baseload power for data centers.
Additionally, we delved into venture capital fund economics and the challenges of generating returns for large funds.
Tune in to find out about:
✅ The potential for modular nuclear reactors in energy independence
✅ How nuclear power complements other energy sources on the grid
✅ Why fund size impacts venture capital returns
✅ The bifurcation of VC into large platforms and specialized early-stage funds
Listen to the full episode on Spotify to hear on the future of energy and venture capital.
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Company Mentioned:
- Last Energy
- Sequoia
- Andreessen Horowitz
- Tiger Global
- Revolut
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Timestamps
00:00 Welcome Back and Episode Recap
02:25 Exploring Nuclear Power and Last Energy
12:47 The Future of Nuclear Energy in the West
19:24 Regulatory Challenges and Market Demand for Nuclear
24:46 Understanding Baseload Energy and Its Importance
29:27 Venture Capital Insights and Market Dynamics
44:19 The Economics of Fund Sizes and Return