$94M Fundraising Record, New Procore CEO, Oracle Push, Zoom Kills Careers

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 growth 

- 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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