Bassem Hamdy
CEO and Co-Founder, Briq. On 2 shows, 1 appearance. The Shows tab opens the full record on each.
founderexecutiveauthor@RealBassemHamdy ↗LinkedIn ↗briq.com ↗
Bassem Hamdy is the co-founder and CEO of Briq, an AI-driven financial automation platform designed for construction and physical industries. Prior to founding Briq, he spent 16 years at CMiC and served as Executive Vice President of Marketing and Enterprise Strategy at Procore Technologies.
2shows
1appearances
18statements
0resolved
0supported
0contradicted
Everything Bassem Hamdy said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Hamdy: Companies That Do Not Embrace AI Will Disappear by 2026
“Now you don't embrace AI. You are gone. You are not a company in 20, 26.”
Hamdy: Trade shows belong in the mid-funnel, not top-of-funnel
“Top of funnel discovery is not for trade shows. It should be mid funnel.”
Hamdy: Shared owner portals fail in construction because stakeholders refuse to log in
“And when you think about that complexity of, oh, let's just create a portal for all 21 companies to log in. That's Fugazi. Nobody, you know, nobody's logging into your Pablo's, you know, construction owner system. Nobody wants to do that. And that's not realis…”
Hamdy: Decades-old construction software is entrenched and not going anywhere
“Many of the software packages they still use today and by the way, this isn't, they actually procure the were built before you were born. Probably Pablo, like this is like crazy software that isn't going anywhere. It's a hammer that just works for them.”
Hamdy: Headcount time savings is always easier to sell than risk reduction
“Oh, it's always easier to sell it. I think it's because, you know, we live in tech and we understand the nuances of that putt for dough moment. If you make a mistake, it's going to cost you your company. It's a high risk business, but when they go in to justif…”
Hamdy: Every digital transformation creates an internal stakeholder who loses
“Every digital transformation.
There will be a loser.
There will be, I'm sorry.
And to pretend that there's not is foolhardy, but find out who's losing.”
Hamdy: Fintech products suffer from high churn because they lack stickiness
“What I realized in FinTech over those, you know, 1618 months, it's a very hard, high churn product. FinTech products are extremely high churn. They're not sticky because in some ways they're experimentational.”
Hamdy: The term 'AI agent' means everything and nothing at all
“I hate the term agent because I think agent means everything and nothing at all at the same time. I'm huge into the term AI orchestration.”
Hamdy: Selling on time savings caps enterprise software pricing
“When you return on time, it creates a ceiling at the max price of your average sales price.”
Hamdy: Product-Market Fit Is a Daily Workout, Not a Final Destination
“Product market fit is a daily workout. You don't run those five miles. You're going to get big. You got it. Like to ever say you've arrived at a product market fit in my mind is crazy.”
Hamdy: Briq clients save 1-2 person-years of time in year one
“Our current clients You know, one to two man years or person years in the first 12 months of running brick is, is an average return on time.”
Hamdy: Briq halved BDRs while growing sales 60%
“We actually have half as many BDRs and sales are up to 60% this year.”
Hamdy: Briq converts 10% of first sales meetings to signed deals
“I would say from, I have to look at this last quarter, but from first meeting sat, It's 10%. So one in 10 will sign something after first meeting sat.”
Hamdy: Briq laid off over 50% of its staff in 2023
“We went down, let's say, I think we riffed over 50%. We went from maybe 300 employees to one 50, something like that range.”
Hamdy: Briq approaches eight figures in ARR post-GenAI pivot
“We're now eight figures or touching on eight figures. I, we don't give exact revenue numbers on these things, but you know where that lands, right?”
Hamdy: Briq's initial product was purely backend data with no frontend
“The original version was all data. There was no front end. The idea was how do we collect the pieces of information without giving humans any extra work, collect the pieces of information to sew together a tapestry of what the real story is.”
One line per show, most statements first. The link opens Bassem's full record on that show: the calibration, argument clarity, speaking style and every statement made there.
| Show | Role there | Eps | Statements | Record | |
|---|---|---|---|---|---|
 PRODUCT MARKET FITLEDGER | CEO and Co-Founder, Briq | 1 | 18 | — | full record on A Product Market Fit Show → |
 TOP FOUNDERSLEDGER | CEO and Co-Founder, Briq | 0 | 0 | — | full record on Top Founders → |