In today’s episode of Bricks & Bytes, we have Ben Weiss, Co-Founder of BinStar.
In this episode, we learn about the potential in low-tech industries like construction and the role technology can play in improving efficiency.
Tune in to find out about:
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How the construction industry represents a major market opportunity that is overlooked by many investors
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Why focusing on cost reduction and efficiency improvements is a better strategy than creating new revenue streams
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The challenges of adopting new technology in traditional industries resistent to change
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The future role of technology like drones and AI in optimisation of construction processes
If you enjoy today’s episode, leave us a comment. And don’t forget to subscribe to our channel!
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Ben Weiss | Co-Founder of BinStar
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Today’s Sponsor: beta – Construction and technology network platform
– connecting the tech industry with traditional construction partners.
Check www.the-beta.com
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Timestamps:
(00:00:00 – 00:02:30) – Intro
(00:02:30 – 00:05:20) – Ben's background in public markets and hedge funds
(00:05:20 – 00:12:00) – Defining “low-tech” industries and why they are interesting investment opportunities
(00:12:00 – 00:25:00) – How simple technology can have massive impact on traditional businesses
(00:25:00 – 00:35:33) – SolidSpace and its solution for construction project mistakes
(00:35:33 – 00:42:00) – Advice for new investors
(00:42:00 – 00:29:30) – Outro
