highly-hyped combination of one of the world's biggest industries and the cutting-edge of the tech world
While they met in gaming, Frinault already has an MS in construction engineering management from Stanford University, inspired by his family's history of purchasing and remodeling residential real estate. Singha said that his biggest challenge was making sure that he understood enough about their potential users, construction workers on the ground, to design a product that was actually useful to them.Khalid David, CEO and cofounder of TracFloFor Khalid David, construction is a family business. His grandfather immigrated to the US from St. Kitts in the late 1960s and became a carpenter. His dad and uncle followed in their father's footsteps.
David worked on a digital tool to track and approve change expenses, or the additional costs that come up during a project. Eventually, Turner shut the program down, but after David went to MiT for an MBA, he realized that the idea would have legs as its own company. "Certain things about startup and venture capital that are industry standards, haven't cracked the construction market yet," David said.
"At that age, I saw the ultimate freedom in people like Warren Buffett who basically just use public information and are not dependent on anybody else to build these incredible businesses," Slager said. While his lack of experience made it more challenging to learn about the space, he also considered it an advantage.
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