Evidence receipt / belief
Published · transcript-backedSpeaker unverified: belief
14 Oct 2016 Acquired Zillow + Trulia (with Zillow Group CFO Kathleen Philips)
“The thing that I remember very well is that our revenue I think was something around 40 million, which the reason I note that is because when we look at our group of emerging businesses now, they’re larger than we were when we went public.”
— Speaker unverified
Source trail
Everything needed to verify it.
- Speaker
- Speaker unverified
- Attribution
- Not verified from this transcript
- Claim type
- belief
- Recorded
- 14 Oct 2016
- Publisher
- Acquired
Transcript context
…So talks break down again for the second time, and in September of 2012, Trulia completes their IPO and continues executing as a public company for a while, as is Zillow at this point. And I believe during the first couple of years, I didn’t look up the exact number but I remember super well when Zillow went public, it was one of the first Seattle tech companies to go public in a long time. Zillow’s market cap I believe was right around $600-700 million at IPO. Yeah, I think that’s about right. It’s been a while. The thing that I remember very well is that our revenue I think was something around 40 million, which the reason I note that is because when we look at our group of emerging businesses now, they’re larger than we were when we went public. So, we’ve made a lot of progress in the last 5 years, it’s pretty terrific. Yeah. I mean, the growth was just incredible, and still is, but in those early years as a public company. And by this point, you know, after Trulia’s IPO and a couple years later, again, I don’t have the information in front of me, but your market cap was multiples higher of what it had been at the IPO, I believe.…
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