Trulia Files Paperwork Behind Closed Doors for IPO

Sorry, folks, there’s no open house today. Leveraging a new provision in the JOBS Act, Trulia, an online real estate listing service and Zillow competitor, has filed confidentially for a public offering, Reuters reports. The provision enables growth companies with less than $1 billion in revenue to keep their documents secret until 21 days before the start of the road show. A spokesperson from the San Francisco-based company declined to comment.


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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald