The Real Deal New York

Zillow chief hints at future plans for company

Rascoff talks StreetEasy acquisition, NY market
October 26, 2014 01:04PM

Zillow’s chief executive officer Spencer Rascoff has been very busy indeed.

In an interview with the New York Times, the CEO of the Seattle-based real estate database discusses, among other things, the firm’s recent acquisitions of StreetEasy and Trulia, the importance of the New York housing market to Zillow’s overall business plan and where he’d like to see his company in the next few years.

“[New York] is the largest real estate market in the country,” Rascoff told the Times. “Therefore, it’s critical for Zillow to win in New York, and we acquired StreetEasy with that goal in mind.”

Before helping form Zillow in 2005 and becoming CEO in 2010, Rascoff co-founded Hotwire, an online travel company that was sold to Expedia in 2003. He also was an investment banker with Goldman Sachs. [NYT] — TRD