Apr 24, 2019
In this episode, Hall interviews Mary Ann Azevedo, business writer for Crunchbase News. Crunchbase is the leading destination for millions of users to discover industry trends, investments, and news about global companies–from startups to the Fortune 1000.
Mary Ann and Hall focus their discussion on the construction tech sector. Historically, the construction industry is one that has been slow to innovate. However, Mary Ann highlights some of the reasons why it has a lot of potential and is ripe for disruption. Mary Ann provides some advice for potential investors in the construction space. A founding team that has first-hand experience in the field is a big advantage.
Mary Ann talks about how rising costs have played a big role in fueling innovation as companies seek to build new efficiencies in the space. While the number of startups in construction is not as many as in other spaces, there is still a large opportunity for funding. Mary Ann explains that, since construction is such a big area, there are opportunities in a variety of component industries - from HR, to project management, to manufacturing.