Episode 003 - Fallacies
40m
In episode 003 we unveil the fallacies plaguing the AECS (Architecture, Engineering, Construction & Supply Chain space), such as common misconceptions and herd mentalities.
Watch this episode to discover:
- A critical examination of why the world doesn’t need another generic VC firm, especially in specialized sectors like construction tech
- Foundamental’s unique framework for identifying truly innovative startups in AECS, beyond obvious success indicators
- Real-world examples of how herd mentality and misapplied heuristics lead to poor investment decisions in construction tech
- Insights into the unique challenges of the AECS sector and why traditional VC approaches often fail
- The importance of sector-specific empathy and first-principle thinking in identifying category-creating companies
- Practical advice for founders on choosing the right investors who understand their business model and industry dynamics
- Lessons learned from Foundamental’s experiences and mistakes in navigating the construction tech landscape