Taylor Wescoatt | General Partner at Concrete VC

The Innovation Conversation is a series of Q&A sessions between the real estate technology industry's top leaders and MetaProp Co-Founder and Managing Director Aaron Block.  Topics include thoughts on the future of property and technology, corporate innovation activities and executive development in the real estate technology space.


taylor wescoatt concrete vc

WHAT ARE YOUR DAY-TO-DAY RESPONSIBILITIES IN YOUR ORGANIZATION?

Explaining PropTech to investors, getting real estate folks excited about possibilities, keeping founders focused, keeping the office clean and putting my kids to bed.

 

DESCRIBE HOW YOU BECAME INTERESTED IN PROPTECH AND INNOVATION.

In my career I have worked across many sectors: commerce at eBay, media at TimeOut, community at AOL, but I haven’t worked in a sector that has such a long upward growth horizon since perhaps 1995 when this web browser thing started to catch on.

 

IN THE NEXT 10 YEARS, WHAT AREA OF THE REAL ESTATE INDUSTRY DO YOU THINK WILL CHANGE THE MOST DRAMATICALLY?

Jobs, jobs will change. The simpler work will be automated and customers will demand higher levels of service with greater insight. We will see a greater concentration of power in the space as the smaller, less tech-enabled players struggle to compete. In real estate, end users will come to the fore, where they belong.

 

WHAT IS THE MOST IMPORTANT INNOVATION AND TECHNOLOGY DRIVEN INITIATIVE IN YOUR ORGANIZATION TODAY?

The cloud. Stop using MS Office, start using online tools. Sharing is caring.

 

WHAT ROLE HAVE MENTORS PLAYED IN YOUR SUCCESS? HOW WOULD YOU ADVISE OTHERS TO DEVELOP STRONG RELATIONSHIPS WITH MENTORS?

Seedcamp, the original and still leading early-stage institutional investor in Europe, has always been the most incredible advisor. Everyone on that team really, from communications to investment to events.

 

WHAT IS ONE INTERESTING THING ABOUT YOU THAT MOST PEOPLE DON’T ALREADY KNOW?

I have all the Lego LOTR sets. My kids have other kinds.


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