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.