> It is a highly profitable business and yet there are no startups involved in constructing building It is very capital and labor intensive, and the margins ar

> It is a highly profitable business and yet there are no startups involved in constructing building It is very capital and labor intensive, and the margins aren't all that great [0]. It involves an asset class that has a slow-moving market. It also is very labor intensive with lots of local competition all over. Finally, financial instruments for investing in real estate construction already exist without venture funds. Software is a completely different beast. You mention CAD and other secondary software, but finance is also a place where software is used extensively. The latter is so prevalent I was able to use a smaller language (Clojure) at two banking companies, one a startup and one established. The margins of software and the size of the markets for it attract VC money. I do think there are places outside software for startups here, but it will be startups that are further up the value chain from the actual builders. [0]: 17% now, 8% in 2021 - https://www.angi.com/articles/construction-overhead-profit.htm https://www.angi.com/articles/construction-overhead-profit.h...