Katerra: What Went Wrong? S3E6

[@marioa.8131]

I worked for Katerra Labor Management for two full years till the very end. We were "owned" by Katerra and had a ton of money to spend on new hires, laptops, phones, training, salaries, etc. We were basically Katerra's temporary construction staffing company. Weirdly enough, Katerra never used us on any of their other projects. Instead, they used national chains like PeopleReady. For the last 3 months of KLM's existence, all of upper management vanished. They returned in December of 2019 to let us know Katerra sold us to another company, called Superior Skilled Trades. All was very odd, very shady.

[@MissSaiko]

the guy on the right is...right. I think the biggest mistake was to start...this big. ''they should have gone with baby steps''. I wanna do a proptech as well and on the long run, it can be super complex too but I did try to do the work on targetting the first baby step to do. It leaves you room for checking your progress, room for proper management etc

[@j.a.martinez4001]

Worked here as a PM until April, left and glad I did. This company was very Dis functional. I Started as United renovations then Katerra bought us out, went downhill from There. Bad deals, bad executives, bad directors, bad estimators, bad day to day ops, so many things went wrong. Moving to far taking a big bite and chocking.

[@chrisinman9495]

The pandemic didn’t kill Katerra, they were in the Death rattles before it hit. As long as you have endless money to burn you can keep the doors open but that doesn’t mean the day of reckoning isn’t going to come. They could pound on a keyboard but they couldn’t pound nails.

[@cyclops9125]

Nothing beats hiring the correct GC

[@swagerty91]

I worked for Katerra, great company, and I think you hit a ton of things on the head here...

[@village90skids35]

What about katerra india? Whether it continues...

[@robertwatkins3939]

Worked for them as a temp in plumbing at there location in Lodi they were building. It was a shit show some people were way overpaid or under paid on the construction side. Nothing worked materials were shit and it was built poorly. The guys they hired either knew nothing or not enough. They tried to hire all the people themselves or get contractors on other parts sad thing is when the temps or contractors were making 30+ and then the people working for them were in the mid 20s

[@wmdjohnson]

I was in charge of UCP Staffing Nevada and Norther California (including the Lodi project). You are correct. But the reason some made more is because they traveled from Reno (and other places), and without per diem, we had to offer higher wages.