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MOTIVE RE Tech Incubator Takes A Pause

motive-logoJohn Backes of Motive, a real estate technology accelerator recently announced that they will be putting their aggressive plans for 2016 on hold. Last June Motive took off like a rocket with 85 applications and 4 companies receiving funding.

“Clearly, much has changed since last summer, and the markets are in a season of sharp correction and uncertainty. Our guess is the waters will be quite risky for the remainder of 2016.”

When things turn around, I have no doubt that you will see Motive back at it again and they will put more RE tech gems on the map. Click here to read John’s full announcement.

About Michael Price

Mike has been involved with RE Tech and marketing since 1995. He is the Managing Editor, handles biz-dev for GEB and is a Steely Dan fan. MikePrice.Me

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