This venture analyst call focused on the various due diligence measures that are used by venture capitalists and corporate venture capitalists who have begun to work more carefully with their capital deployment. Recent economic shifts have led to a wider market adjustment, causing early-stage venture investors to allow only the most successful startups to outperform their competitors. The call was facilitated by Daniel Laboe, Director of Venture Investments at BuiltWorlds with guest speakers Omar Smith, Senior Associate at Blackhorn Ventures and Mary Kenney, Associate at Heartland Ventures.
The AEC industry is facing a significant labor shortage which is due to a variety of factors including the aging workforce, a lack of skilled workers emerging in the space, and the ongoing effects of the pandemic. This has left a profound impact on the sector’s growth and venture and financial growth. Without skilled labor, project costs increase, delays become more frequent, and productivity declines, leaving a negative impact on the financial performance of companies. Venture capitalists and corporate venture capitalists are attempting to troubleshoot this through evaluating strategies within the…