“Our burn was around £800,000 a month.”
An interview by Chris Watkin with Emoov founder Russell Quirk looks at why the company went in to administration.
“When you are one of the first, you then see Purplebricks come along and get £27 million investment… They launched in a blaze of glory and had everything tied up and had a chance to sit back and look at the market and what we were doing rightly or wrongly. Even though they were 3rd, 4th, 5th to come along, they realised there was a position to realise a strong position in hybrid estate agency.”
Full interview below by Chris Watkin.
Author: Estate Agent Networking UK
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