Why Most Construction Tech Startups are Doomed to Fail | KP Reddy, Founder of Shadow Ventures

Bricks And Bytes

What does it REALLY take to launch a successful construction tech startup?

KP Reddy, a global authority in AEC and founder of Shadow Ventures, pulls back the curtain and reveals the secrets behind startup success.

Join us for an eye-opening episode with Reddy – a VC, founder, CEO, advisor, investor, professor and author – to learn how to break into the industry. Listen to how he combines expertise in advanced technologies with critical, in-the-trenches experience.

• Discover his unique take on the future of venture capital driven by AI – and how it can transform the way startups are built and funded.
• Key takeaways:
• Founders must remain curious and validate their ideas before launching
• AI could significantly lower barriers to entry for software startups
• The construction tech space is ripe with opportunities for innovation
• Shadow Ventures is supporting early-stage companies with industry expertise and connections

And much more.

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Tune in now to learn from one of the most knowledgeable and experienced voices in the construction tech industry.

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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

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BuildVision is a procurement network for the $5T commercial construction market. We are transforming the commercial construction supply chain by bringing contractors, manufacturers, and project stakeholders onto a single software platform—revolutionizing how every component is sourced, purchased, and financed

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Timestamps: (00:00 - 02:36) - Intro

(02:36 - 09:30) - KP's Construction Background

(09:30 - 20:06) - Finding The Right Founders In Construction Tech

(20:06 - 23:47) - KP's Experience Writing 3 Books

(23:47 - 30:19) - Advice for Founders Who Just Raised Money

(30:19 - 35:50) - Portfolio Companies That KP Has Invested At

(35:50 - 41:18) - Startups Building Tangible Things

(41:18 - 50:29) - Process Followed In Backend by Shadow Ventures

(50:29 - 59:15) - Corporate Venture Capitalists

(59:15 - 01:12:41) - How VCs Identify Good Robotics Startups

(01:12:41 - 01:19:42) - How Much Importance VCs Give To Profitability

(01:19:42 - 01:20:20) - Outro