Speakers in the public record
Claim mix
evaluation 7belief 5prediction 3recommendation 1preference 1
Evidence policy
Every row below preserves an exact excerpt. Identified speakers are linked; unresolved voices are labeled and excluded from people counts.
Claim ledger
The useful parts, with receipts.
17 published records
“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
- Not verified from transcript
- Publisher
- Acquired
“One of the stats that bears that out is that we think that notwithstanding our category leadership, you know, we have about 2/3 of the traffic on the web overall and 3/4 on mobile on Zillow brand properties.”
- Speaker
- Not verified from transcript
- Publisher
- Acquired
“You know, I think B+ is fair because I think we’re early days still in reaping the benefits of this combination and as I said earlier, there are all kinds of ways in which we’ve benefited that we haven’t foreseen.”
- Speaker
- Not verified from transcript
- Publisher
- Acquired
“You know, one stat about that is what I mentioned at the beginning of this conversation which is we think we touch about 4% of transactions and we think we have a small percentage of advertising spend by real estate agents.”
- Speaker
- Not verified from transcript
- Publisher
- Acquired
“In San Francisco, unfortunately, it’s still pretty challenging for young people, but I think in Seattle, you know, folks in their early 30’s are really thinking about settling down and suddenly it’s not uncool to be a home owner anymore.”
- Speaker
- Not verified from transcript
- Publisher
- Acquired
“StreetEasy, for example, because they’re a New York City brand, very focused on vertical living. And while they don’t work directly on vertical living products for other brands, they certainly inform and educate our teams about how to present a condo building versus a single family home.”
- Speaker
- Not verified from transcript
- Publisher
- Acquired
“I expect and I’m sure that Pete and team were to have conveyed the substance of our discussions to the board, but we had never directly approached the board.”
- Speaker
- Not verified from transcript
- Publisher
- Acquired
“” And it’s a super interesting 10-minute watch. So, highly recommended.”
- Publisher
- Acquired
“I think 10 years ago we were in the same place with email marketing and the start of sort of the digital marketing hub.”
- Publisher
- Acquired
“I mean, there’s a range there from 30 of your first offer to Pete coming back after a few rounds with 37. But, like, that’s not a lot of difference compared to, you know, I’m used to, well, we think 10 percent and we think 60 percent.”
- Publisher
- Acquired
“Which gets me to what I think is certainly the most amusing part of this deal, that I was going to bring up after you close on announced on July 28, and news comes out, the market reacts, but news also comes out then that Trulia’s co-founder, not Pete but Sami Inkinen was literally in a rowboat in a crew scull rowing across the Pacific Ocean for the entire time that this negotiation was going on.”
- Publisher
- Acquired
“The final twist in the story here is right before– So the FTC finally approves the merger in February and then it goes through and you close the deal. But right before that happens, both Trulia and Zillow were getting, I believe, if a not a majority, a significant amount of your real estate listings from a company called ListHub which is a data provider, which is actually owned by a third competitor in the market, Move.”
- Publisher
- Acquired
“We’re going to take over this market.” So you actually need to be really careful about how you characterize things because you can end up in this nightmare scenario.”
- Publisher
- Acquired
“You can’t predict exactly where the market is going to go, where your product is going to go, your organization. And I think you guys have done a really good job both in your hiring obviously of your management team, but also your acquisitions of looking for these types of people who can evolve their thinking and evolve their abilities as a company does, because that’s going to be the constant in a high growth industry.”
- Publisher
- Acquired
“One of the things I love about the Zillow Group business and this merger in particular is it’s such a pure play example of that, like there are these levers in distribution that by being internet-based, you have, and by combining these businesses whether it’s acquiring the data feeds about data on homes and home sales – which we’ll get into in a minute because there’s more drama to come there – or advertising sales or what-have-you, your website back ends, it doesn’t make sense for any of that to be separate.”
- Publisher
- Acquired
“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.”
- Publisher
- Acquired
“As we joke on the show and we were joking with Kathleen before we started recording, we love two things on this show: public company acquisitions where everything about the negotiations comes out in the SEC filings and lawsuits where the same thing happens.”
- Publisher
- Acquired