About This Episode

In this insightful episode, Patric Hellermann and Shub Bhattacharya reflect on their biggest investment regrets and the valuable lessons learned in construction tech venture capital. They explore how seemingly simple mistakes often have deeper root causes and discuss the importance of temporal diversification in investment decisions.

In This Episode

Understanding the distinction between facts and conjectures when gathering information from industry experts and how this impacts investment decisions in construction tech

The concept of temporal diversification in venture capital and why rushing follow-on investments without adequate time for validation can be risky, especially in construction tech

Drawing parallels between historical technological transitions and current investment opportunities in construction tech and AI, using the horse-to-automobile transition as an analogy

The importance of patience in discovering portfolio winners and why it typically takes five years or more to truly identify successful investments in construction tech

Timestamps

(00:00) - Introduction and 2025 kickoff

(01:15) - Reflection on 2024 episode goals and predictions for 2025

(03:07) - Introduction to investment regrets discussion

(08:49) - Shub's insights on external influence in decision-making

(21:10) - Patric's perspective on expert query fit

(29:32) - Discussion of temporal diversification in investments

(43:53) - Advice for founders on fundraising pace

(51:29) - Wrapping up and future plans for Practical Nerds

Resources or Companies Mentioned

Flow by Adam Neumann

WeWork

Trezio

Connect With Us

Practical Nerds Website: https://practicalnerds.com/

Subscribe to the Newsletter: https://www.linkedin.com/newsletters/practical-nerds-7180899738613882881/

Foundamental: https://www.foundamental.com/

Patric Hellermann: https://www.linkedin.com/in/aecvc/

Shub Bhattacharya: https://www.linkedin.com/in/shubhankar-bhattacharya-a1063a3/

#ConstructionTech #VentureCapital #StartupInvesting