Housing Crisis Opportunities & How a Venture Capital Firm Looks at the Construction Industry | E279

EPISODE 279: Why would venture capital firms put their money in the construction industry, especially nowadays?

In this week's episode, I've invited David Bloom of Signia Venture Partners to talk about a venture capitalist view of the construction industry as a whole.

Signia is a venture capital firm founded in 2012. David and his partners invest in entrepreneurs applying new technologies to old industries.

Today, he's here to discuss why venture capital firms invest in the construction industry, their views on the housing shortage and the ripple effects, what type of companies they invest in, guidelines when investing in companies, and more.

Tune in now to learn more!

Key Takeaways:

Introduction (00:00)

Venture capitalist's perspective on the construction industry (01:30)

What is a venture capital firm? (03:44)

Why invest in the construction industry? (05:52)

Symptoms of the current housing crisis and the ripple effects (08:03)

How venture capital firms view the housing shortage (15:10)

David and his firm's portfolio of companies and what they're solving (18:05)

What are the red flags to look for in a leader when investing? (22:34)

On transitioning successfully from being a startup to CEO of an ongoing business (25:18)

Key takeaways from Cetera's $2B venture funding failure (32:17)

What are the things that outsiders don't know about the construction industry? (43:56)

Additional Resources:

- Schedule a Breakthrough Session with our team HERE

- Register for The ADVANCE Live Meetup | March 30-31, 2023 | Austin, TX HERE

- Join the Move the Needle 28-Day Challenge HERE

Connect with David Bloom:

- Reach out to David by emailing him at David@signiavc.com

- Check out his articles on Substack HERE

- Follow him on LinkedIn HERE

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The Construction Leading Edge Podcast helps construction business owners maximize their revenue, eliminate chaos, systematize their work, and win back their time.

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