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SocialToaster could move into a new 3,000 SF office at the Emerging Technology Center at Johns Hopkins Eastern as early as next month, the Business Journal reported.
Currently, the social media startup subleases about 6,000 SF in G.1440’s Clipper Mill office. G.1440 itself is moving to Timonium.
“One of the challenges we face is not being able to predict how we’re going to grow,” SocialToaster CEO Brian Razzaque told the Journal, while citing ETC’s more flexible lease terms for his decision to move. “We have a business plan and some assumptions, but the reality is it’s hard to predict how large we’re going to be and what might happen in three or five years.”
SocialToaster has 15 employees and reported $500,000 in revenue in 2012. It helps client companies engage customers and fans through social media.