Fieldwire's $300m Exit Journey

Every construction startup gets acquired for less than $100 million.That's what Yves Frinault was told when he pitched Fieldwire back in 2013. They called it the "$100 million curse" that killed every construction tech company.But Yves had a different plan.In today's episode of Bricks & Bytes, we had Yves Frinault and we got to learn about how military training shaped his leadership style, why gaming experience was crucial for building construction software, and the near-death moment that almost killed Fieldwire... and many more!Tune in to find out about: ✅ How paratrooper training taught him fairness in leadership ✅ Why he went from half salary to a successful Series A in months ✅ The product lessons he learned from video game design ✅ How Fieldwire broke the $100M curse with their Hilti acquisitionListen now on Spotify and discover how one founder changed construction tech forever.-------------Chapters00:00 Intro01:30 From Military to Tech: A Unique Journey04:23 Lessons from Gaming: Insights for Construction Tech07:24 The Birth of FieldWire: Inspiration and Initial Steps13:24 Navigating Growth: Key Milestones and Customer Insights19:04 Marketing Strategies: The Power of Ads and Product-Led Growth25:13 Scaling Up: Targeting Different Customer Segments30:56 Enterprise vs. SMB: Understanding Market Dynamics40:35 Balancing Customization and Scalability41:59 Testing Frameworks and Product Development46:35 The Hilti Acquisition Journey51:55 Cultural Integration Post-Acquisition57:10 Negotiating Acquisition Deals01:01:33 Pricing Strategies in Construction Tech01:04:20 Go-to-Market Strategies in Construction Tech01:07:20 The State of Exits in Construction Tech01:10:19 Key Decisions that Shape Success01:13:15 Future Aspirations and New Ventures