Trulia Preps for IPO With Appointment of New COO

Trulia would not elaborate on its public offering plans, but issued a statement today saying its management team is now IPO-ready. The company, which lists properties for rent and sale online and became profitable in September, has appointed Paul Levine as COO. Co-founder and former COO Sami Inkinen will assume the new role of president. Levine most recently held positions at Current TV and Yahoo.