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Is remote sales killing your construction tech startup? One founder learned it the hard way. By listening to an investor who had wrongful advice.

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

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Companies Mentioned:

Enter
Kelvin
Turner and Townsend
Enpal
Schneider Electric
McMakler
Kosla Ventures
Modulous

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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

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Source: https://bricks-bytes.com/