In his role as general counsel, Dave Robinett led OJO Labs through a more than $60 million funding round and the acquisition of Movoto amidst a global pandemic.
In October 2019, the opportunity to acquire Movoto landed on Robinett’s desk. He spent the next eight months carefully vetting the company and uncovering the massive opportunity in joining forces with this little-known, but rapidly growing, search site already at scale. After several PowerPoint presentations, deep dives and conversations with the team at Movoto, Robinett began scoping potential deal terms. Then the COVID-19 pandemic hit. In light of economic events and the impact on real estate, Robinett went back to the drawing board to reevaluate deal terms and logistics, while simultaneously guiding the OJO Labs team through a substantial funding round that would ultimately allow for the acquisition of Movoto. Robinett was able to identify a partnership agreement that worked for all stakeholders and generated excitement from both OJO Labs and Movoto.
