Zillow under the Gun
Taking a cue from this site, Russell Shaw from ZDNet says One of these five companies will buy Zillow.
Realogy… interesting. IAC/Interactive Corp. (Lendingtree.com)… I doubt it.
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Taking a cue from this site, Russell Shaw from ZDNet says One of these five companies will buy Zillow.
Realogy… interesting. IAC/Interactive Corp. (Lendingtree.com)… I doubt it.
1 Comment(s)Post a Comment
viable business = positive net income | Dec 12, 2007 | Reply
why buy a company bleeding benjamins when you can recreate what they have for much less than what their VC backers will sell for?
First, The “zestimate” data isnt their proprietary data, they’re buying it directly or indirectly from the major title companies. The reason no other company has invested in that data to recreate it is because, while novel, it isnt a business model.
Their traffic has been on a nose-dive since their alleged four million PR cash bonfire burned out. So what exactly are you buying? They may be a web 2.0 company but buying a losing money, niche internet site is a very web 1.0 business move. If Im one of their VC guys, Im laughing all the way to the bank if I get one of these companies to buy at my price.