Citi Analyst Lures Hot Internet IPOs

When real-estate website Zillow Inc. was looking for a Wall Street bank to lead its $80 million initial public offering in July, Citigroup Inc. rose to the top of the list.

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Amazon Picks Up Social Expertise Through Talent Acquisition

Amazon has not been on the forefront of social shopping experiences, but that could change. Geekwire reports that the e-commerce giant has hired several team members from Quorus, a small Seattle start-up focused on building social shopping and marketing technologies for retailers and brands. Quorus co-founders Logan Bowers, who was previously at Zillow and Expedia, and Michael Dougherty, formerly co-founder of Redfin, have been hired along with other employees. An Amazon spokesperson has not replied to an email seeking comment.

Dibs! Obscure Marketplace Company Nabs Former DoubleClick CEO David Rosenblatt.

The low profile of online luxury marketplace 1stdibs evaporates today, with the appointment of David Rosenblatt as CEO and an injection of capital from high-profile Silicon Valley venture firm Benchmark.
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Zillow Makes $7.8 Million Acquisition for More Agent Tools

As part of its third quarter earnings release today, Zillow said it has acquired Diverse Solutions, which helps real estate agents market their Web sites, for $7.8 million in cash and stock.
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Real Estate Search Provider Trulia Sold on IPO Prospects

Trulia’s founder and CEO Pete Flint remains focused on taking his real-estate search company public, despite one of its closest competitors beating him to it this summer.
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Zillow’s First Quarter as a Public Company Also Marks First Profit

Zillow reported its first profit ever today as part of its second-quarter earnings release, only one month after raising more than $70 million in its public offering.
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Zillow’s Shares Double in Stock Market Debut

On Zillow’s first day of trading on the Nasdaq, its shares more than doubled, soaring to $45 today from its initial pricing of $20 a share.
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News Byte

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.

Zillow’s Valuation Nears $400 Million After Pricing IPO

Zillow expects to secure almost $60 million in its initial public offering, which will value the company at close to $400 million, according to documents filed with the SEC today.
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Zillow’s iPhone App Helps You Know If You are Qualified to Buy

If only it had been around during the bubble. Zillow’s new app helps you calculate whether you can afford the house you are looking at. The real estate listing company’s second app helps you search and compare loan offers, or calculate whether it makes sense to refinance. Zillow, which is pursuing an IPO, has identified mobile as a way to boost its traffic, like its competitors, including Realtor.com’s Move and Trulia.

Fun With Mobile Stats: Holiday Edition