Manage episode 512600538 series 3481938
"If you can't get to $5M in recurring revenue in 18 months, you're probably not venture fundable right now."
KP Reddy just called out the entire construction tech ecosystem—and he's not holding back.
In today's episode of Bricks & Bytes, we had KP Reddy and we got to learn about why most construction tech startups are chasing the wrong business model, how AI is fundamentally changing the value of human work, and why he's now buying contractors instead of selling them software... and many more!
Tune in to find out about:
✅ Why construction attracts risk-averse founders (and why that's killing innovation)
✅ The real reason CEOs want everyone back in the office (hint: it's about ego, not productivity)
✅ How token-based pricing will replace hourly billing in the next 5 years
✅ Why KP is teaching CEOs to vibe code—and firing consultants who say "it can't be done"
This conversation will change how you think about building, investing, and working in construction tech.
Watch now on YouTube. Link in the comments!
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Chapters
00:00 Intro
03:00 Introduction and Competitive Spirit
06:05 The Shift in Venture Capital Dynamics
08:42 Capital Light vs. Capital Heavy Startups
11:45 Vibe Coding: The New Era of Prototyping
14:45 The Role of AI in Construction and Tech
17:44 The Future of CRM and Personalization in Business
20:42 The Impact of AI on Job Identity and Purpose
23:29 Navigating the Future of Work in AEC
26:17 The Evolution of Business Models in Construction
29:06 Conclusion: Embracing Change and Purpose
35:56 Finding Fulfillment in Venture Capital
39:38 The Role of AI in Pricing Models
45:33 Ego and Status in Business Decisions
49:33 Brackish Waters: The Intersection of VC and PE
57:49 Transformative Tech and Market Dynamics
62:39 The Nonsense of Change Management
231 episodes