Housevalues lost $1.3 million in the 2nd quarter of 2008, the company reported in a press release last week. John Cook also reported that they lost over 400 customers in the same period.
But don’t shed a tear for HV - they’re still sitting on $62.7 million in cash. And that’s a bucket of cash that [...]
ActiveRain has always had its eye on video. It has dabbled a little bit with its RainTV segments, shot at last summer’s Real Estate Connect conference, and more recently by holding a video contest.
Now, it seems, they are making a bigger play for a piece of the real estate video pie. Through a partnership with [...]
Paul Kedrosky on why HouseValues’ investment in ActiveRain is the Worst Timed Investment Ever:
Worst: Real estate is in the tank and likely to stay there for some time. Venture capitalists are atrocious market timers, and this is, if anything, a sign things are going to get worse. Further, building a social network for real estate [...]
ActiveRain, the popular social network/blogging platform for real estate professionals, announced today it has received $2.75 million in funding (see the official post on their site).
In a move that may raise some eyebrows, the money came from fellow Seattle venture HouseValues.com in exchange for a minority stake in the company.
I had a chance to talk [...]
ActiveRain, the popular real estate social networking platform, has launched what it’s calling “Outside Blogs” - a new feature that lets AR members take their content outside of the walled-garden of the ActiveRain ecosystem.
From their blog post announcing the sneak preview:
A few of the highlights of our outside blog platform:
* You will be able to [...]
ActiveRain scored a major coup this month by moving in to the top 10 on Marcelo Calbucci’s Seattle Startup Index for December. Zillow still sits in the top 3 while Redfin drops out of the top 20.
The index averages and ranks the Alexa Rank and Compete Rank usage scores for all the web sites in [...]
by Curlylocks
Parks Associates research confirm what many of us already know intuitively; few people would pay to use social networking sites.
This online survey of Internet users found 72% of social networking users would stop using a site if required to pay a $2 monthly fee.
Duh.
Monetizing their communities is the big problem facing real estate [...]
The news that Realogy Corporation is going to license Better Homes and Gardens magazine’s brand to launch a new brokerage got me thinking again once again about what the real estate brands of the future are going to look like. (More on the launch from The Real Estate Bloggers).
There’s little doubt we live in [...]
by Kevin Steele
Watch out! Catfight breaking out!
Earlier this year, ActiveRain, the popular social networking site for Realtors, was about to be acquired by Move.com, the owners of Realtor.com. Right at the eleventh hour however, Move.com pulled out of the deal.
All of this has come out in a lawsuit that is detailed in today’s Inman News.
Terms [...]
So Redfin was on 60 Minutes last night - What’s your take?
Mine? Hardly hard-hitting journalism. A PR puff piece if I ever saw one. Redfin just got handed a trophy before the race is even finished.
That said, I’m a big Redfin fan and I think the 60 Minutes story is just what they needed to [...]
