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From Musk's Twitter Dust: A Tech Startup's Epic Office Glow-Up 🚀

In the ever-shifting landscape of San Francisco’s tech real estate, another bold startup is making its mark where tech titans once roamed. Motive, a rising fleet management software company, has just snagged the legendary 1355 Market Street office - formerly the hallowed halls of Twitter (now X) before Elon Musk’s dramatic exodus.

This isn’t just any office move. It’s a symbolic renaissance for a city that’s been battling perception challenges about its tech ecosystem. By taking over 40,000 square feet in the Mid-Market neighborhood, Motive is essentially giving a Silicon Valley middle finger to the narrative of tech exodus.

A Tale of Tech Musical Chairs

Motive isn’t alone in this strategic office musical chairs. They’re part of a growing trend where ambitious startups are swooping into prime real estate abandoned by tech giants. OpenAI nabbed Uber’s massive space, Scale AI claimed chunks of Airbnb’s office, and now Motive is planting its flag in Musk’s former kingdom.

The Numbers Don’t Lie

With a recent $150 million funding round and a valuation hovering around $2.85 billion, Motive isn’t just another scrappy startup. They’re positioning themselves as a serious player, potentially eyeing an IPO and sending a clear message: San Francisco’s tech spirit is far from dead.

Bay Area Resilience

Shu White, Motive’s chief legal officer, summed it up perfectly: San Francisco’s “energy, innovation, and talent” make it an irresistible tech playground. This move is more than just acquiring office space - it’s a declaration of faith in a city that continues to reinvent itself, one sublease at a time.

AUTHOR: mp

SOURCE: SF Gate