EPISODE · Oct 15, 2024 · 1H 12M
Flux’s $29M Failure: What AEC Can Learn and Avoid
from Bricks And Bytes · host Bricks And Bytes
"We had 10,000 users, but couldn't monetize. That's the hard reality of construction tech." - Anthony Buckley Thorpe's candid reflection on Flux's $29M journey is a wake-up call for AEC innovators. In this episode, we had Anthony Buckley Thorpe and we got to learn about the challenges of innovating in construction, lessons from Flux's journey, and thoughts on building successful AEC tech products... and many more! Tune in to find out about: ✅ Why data sharing in construction is more complex than it seems ✅ The importance of focusing on revenue early for AEC startups ✅ How to approach product management in construction tech ✅ Insights on user adoption and selling to the right decision-makers ----------------------------------------- Sign up to the #1 Newsletter In Construction Tech. Join over 1,000 like-minded Founders, Investors and Techies disrupting the way we build. Forever : https://bricks-bytes.beehiiv.com/subscribe -------------------------------------- BuildVision is a procurement network for the $5T commercial construction market. We are transforming the commercial construction supply chain by bringing contractors, manufacturers, and project stakeholders onto a single software platform—revolutionizing how every component is sourced, purchased, and financed. ------------------------------------------------ LinkedIn: https://www.linkedin.com/company/bricks-bytes/ X/Twitter: https://twitter.com/bricksbytespod Youtube: https://www.youtube.com/channel/UCmNbunUTIIQDzbJgGJt9_Zg Instagram: https://www.instagram.com/bricksbytes/
What this episode covers
"We had 10,000 users, but couldn't monetize. That's the hard reality of construction tech." - Anthony Buckley Thorpe's candid reflection on Flux's $29M journey is a wake-up call for AEC innovators. In this episode, we had Anthony Buckley Thorpe and we got to learn about the challenges of innovating in construction, lessons from Flux's journey, and thoughts on building successful AEC tech products... and many more! Tune in to find out about: ✅ Why data sharing in construction is more complex than it seems ✅ The importance of focusing on revenue early for AEC startups ✅ How to approach product management in construction tech ✅ Insights on user adoption and selling to the right decision-makers ----------------------------------------- Sign up to the #1 Newsletter In Construction Tech. Join over 1,000 like-minded Founders, Investors and Techies disrupting the way we build. Forever : https://bricks-bytes.beehiiv.com/subscribe -------------------------------------- BuildVision is a procurement network for the $5T commercial construction market. We are transforming the commercial construction supply chain by bringing contractors, manufacturers, and project stakeholders onto a single software platform—revolutionizing how every component is sourced, purchased, and financed. ------------------------------------------------ LinkedIn: https://www.linkedin.com/company/bricks-bytes/ X/Twitter: https://twitter.com/bricksbytespod Youtube: https://www.youtube.com/channel/UCmNbunUTIIQDzbJgGJt9_Zg Instagram: https://www.instagram.com/bricksbytes/
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Flux’s $29M Failure: What AEC Can Learn and Avoid
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