E375 - Follow the Money - Scott Kaplanis, Understanding PropTech: Trends, Challenges & Innovations
“There is a very real, very tangible opportunity to rethink everything about how we’re building. Why are we still using old-fashioned construction techniques when everything else in our society is built off-site in sophisticated plants with high-level robotics?”
While rooted in a different city, Scott delivers relevant and pan-Canadian insights into our collective entrepreneurial ecosystem. He suggests a notable difference between the Canadian and US landscapes, emphasizing Canada’s innate collaborative spirit, especially evident in our tightly-knit startup scene where everyone seems to be only one connection away. Diving into the brisk evolutions within real estate, Scott unveils its ripple effects on the VC realm, touching on aspects like reduced allocations, elongated company life cycles, and looming home affordability and inventory challenges. There is no need for an expert to tell us - our current real estate market is off-kilter and demands a fresh approach. Solutions powerful enough to address these sharp issues will naturally magnetize further capital, revitalizing the industry at large. Scott shares a grounded yet optimistic outlook bound to inform and inspire.