$94M Fundraising Record, New Procore CEO, Oracle Push, Zoom Kills Careers
Description
This female founder just broke a construction tech record that no one saw coming
In this episode of Bricks, Bucks & Bytes, Owen, Dustin, Maria, Kevin, and Stjepan dive deep into the biggest moves shaking up construction tech right now.
Key topics discussed:
- Maria Davidson's historic $94M fundraise - the most ever raised by a female founder in construction tech
- Why mixing venture capital with strategic partnerships is the secret sauce for growthĀ
- Procore's surprising new CEO choice and what it means for the industry
- Oracle's aggressive push into construction tech and the M&A war heating up
- Why Zoom is killing your career and you need to get back to face-to-face meetings
- The hidden AI revolution happening in construction companies (that management doesn't know about)
- Data center boom creating massive opportunities and risks for contractors
- How to build authentic relationships that actually close enterprise deals
Key quote:"I'm very surprised by this selection because this person was already on the board of Procore where Procore has been stagnant since they went IPO. You've been sitting at the table the entire time and the stock's done nothing." - Dustin on Procore's new CEO pick
From record-breaking fundraises to controversial leadership decisions, this episode reveals the power moves and industry secrets that are reshaping construction tech forever.
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Chapters
00:00 Intro
01:25 Introduction and Technical Difficulties
04:08 Celebrating Investment Success
07:13 The Value of Strategic vs. Venture Capital
10:04 Hiring and Building a Strong Team
13:08 The Importance of Candidate Experience
16:16 Future Plans and Market Expansion
19:11 Navigating Industry Challenges and Opportunities
25:51 Navigating the Solar Industry and Employment Challenges
28:09 Strategic Partnerships and Investment in Construction Tech
30:55 Innovations in Project Management and Supply Chain Solutions
34:26 Procore's New Leadership and Industry Implications
43:24 Oracle's Strategic Positioning in Construction Tech
45:30 M&A Activity in Construction Tech
46:30 Oracle's Strategic Moves
48:18 The Importance of Community in Construction Tech
49:22 The Future of Major Players in Construction Tech
50:26 Building Relationships Beyond Zoom
56:17 Cultural Considerations in Business
01:00:25 AI in AEC: Perspectives and Opportunities
01:04:22 Building a Business Around AI
01:08:28 The Power of Authentic Communication
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