Demand for IPO Bumps Up Zillow’s Zestimate to $500 Million

Zillow is now hoping to raise up to $71 million in its IPO, according to an updated document filed with the Securities & Exchange Commission. The Seattle-based company, which aggregates real estate listings online, was previously trying to raise $57 million. At the current price levels, the company would be valued at nearly $500 million, up from $400 million previously.


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There’s a lot of attention and PR around Marissa, but their product lineup just kind of blows.

— Om Malik on Bloomberg TV, talking about Yahoo, the September issue of Vogue Magazine, and our overdependence on Google