If there is a more deluded man in property than the head of #Strike I haven’t come across him! 🤦♂️🤡 Estate agency Strike made big loss before Purplebricks deal thenegotiator.co.uk/news/agencies-…
@MauriceKilbride The people bankrolling him of course. You would be surprised how much VC capital is used to buy market share, until ... the cash runs out. £57,000 a day they lost, and still he is CEO of an even bigger cash guzzler Purple Bricks (should be 2 P's).
@proptech_x What I struggle with is how these snake oil salesmen persuade shrewd VC’s to keep throwing good money after bad! PB, Tepilo, e-moov, easy property have all failed miserably and gone down owing huge amounts of money. The model clearly just doesn’t work! 🤦♂️
@MauriceKilbride @proptech_x Cumulative losses now £88.4 million #whatsthepoint?
@Notters1 @MauriceKilbride @proptech_x .@Notters1 OR... cumulative losses just short of £94.2 million #TakeYourPick #IKnowWhichOneIBelieve