construction industry

“I hired an HDR on my payroll, and I asked her to set up about 200 interviews. So I spoke to construction industries, small and large, ah, just to understand what problems, challenges each of them face.”

“So, to give you an idea, a construction company that has billion dollar revenue. They have about six workers who manually reconcile all the compliance and regulatory stuff that's mandated. They are dealing with about 40 unions.”

“Regulatory challenges, solving regulatory challenging, solving labor compliance issues is, ah, is a wedge that'll help us penetrate this industry, because it's a major, major pain.”

“Whereas in construction industry, it's a laggard. It's laggard for a reason. They are not early adopters of technology. They are skeptic of suits coming in and telling them how to run their work.”

“In this AI world, People who work with their hands will be valued even more. And that's where there's an opportunity to dramatically transform how construction industry operates.”

“Not a lot of investors Understand the play of vertical SaaS and forget about understanding the, in the world of construction. A lot of investors would come us to build their own thesis.”

“Procore without doubt has finally broken through a level of, you know, digitization of a section, but at the same time, what it's done is actually crystallized and cemented and locked in and embedded, you know, the existing behavior.”

“I think that's, it's no longer an adoption challenge. It's not an objection. It just there's some contradiction in, in the way these businesses operate today. That means they need to adjust to really get the benefit.”

“I feel we are underserved in terms of there aren't very many intelligent people who are trying to solve for us.”