The former Rightmove Chairman Scott Forbes has reportedly left his position on the board of up-and-coming end-to-end rentals marketplace Movebubble after only 3 months in the job. After being ousted as Chairman of the portal giant in March amid concerns around his commitment, Forbes joined the board of Movebubble in the Autumn looking to bring his industry experience and contacts to bear on behalf of the startup.
One of the reasons behind his departure from Rightmove in March was a concern among shareholders that Forbes had taken on too many directorships and would not be able to dedicate enough time and energy to the portal’s mission and although no statement has been forthcoming from Movebubble or Forbes himself, it seems as though something similar may have happened again. The former Rightmove man is still listed as a director of US auto portal Cars.com as well as several other companies.
Despite the setback of losing a director of Forbes’ standing, Movebubble is well placed to grow in the UK as one of a growing number of app-based end-to-end rental marketplaces springing up around the world. The company has reported over 750,000 app downloads and recently claimed a 152% growth of the business over the preceding 12 months.
Stand by for our exclusive interview with Movebubble Founder and CEO Aidan Rushby coming to you soon…