Richmond Newman, CEO of Modulate, shares his background in architecture, his journey into technology and founding Modulate, as well as advice for entrepreneurs. Richmond studied architecture in college but was exposed to critiques of architectural software tools by his computer science roommates, sparking an interest in improving them. He gained experience at architecture firms and saw firsthand the inefficiencies in drafting tools like Revit. He co-founded Modulate to build 3D architectural design software from the ground up, focused on a better data model and semantics to automate drafting and detailing. The software is built on Unreal Engine for advanced graphics and collaboration.He shares insights into building a compelling startup vision and translating it into a successful enterprise software company.
Here are chapter timestamps :
00:00 - Introduction00:41 - Education and early experience in architecture02:02 - Dissatisfaction with architecture software tools 03:34 - Working at architecture firms and identifying pain points07:02 - Forming the idea for Modulate08:48 - Modulate's innovations and technology 11:13 - Adapting to changing market conditions13:23 - Demo of Modulate product21:15 - Integration with Revit and future roadmap25:54 - Technical details on representing building details in Modulate31:30 - Distribution model and enterprise focus36:02 - Advice for architecture professionals interested in startups40:05 - Building the initial Modulate prototype and fundraising48:03 - Tips for fundraising with a functional product57:43 - Advice Rich would give his younger self
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