Spencer Rascoff

Spencer Rascoff is the co-founder and former CEO of Zillow Group, and one of the co-founders of Hotwire.com. Rascoff was born in 1975 and grew up in New York and Los Angeles. He graduated cum laude from Harvard University. Rascoff is also on the boards of directors of TripAdvisor and Hutch. Before beginning his consumer web career, Spencer worked in investment banking at Goldman Sachs and in private equity at TPG Capital.

Spencer Rascoff Q&A

What is Spencer Rascoff known for?
Spencer Rascoff is mainly known for founding Zillow Group and Hotwire.com, as well as sitting on the board of directors for TripAdvisor and Hutch.
Why is Spencer Rascoff important to the real estate industry?
As co-founder, Rascoff contributed to the rise and popularity of Zillow, the online real estate database company. Since its origination in 2005, Rascoff has had many roles at Zillow, including Chief Operating Officer, Chief Financial Officer, and Chief Marketing Officer. In 2010 he was appointed Chief Executive Officer. As CEO, Spencer led Zillow through its 2011 IPO and 15 acquisitions. Under his leadership, Zillow Group won numerous “best places to work” awards. Spencer frequently writes and speaks about management and culture.

Spencer Rascoff Top Stories

February 21, 2019Zillow Group is replacing CEO Spencer Rascoff with co-founder and former CEO Rich Barton, the company said in an SEC filing Thursday.
June 24, 2018Spencer Rascoff believes Zillow's "Instant Offers" program will appeal to sellers who want, or need, to line up the sale and purchase of their home.

The Latest

Wall Street really likes Zillow’s new CEO

Zillow Group CEO Rich Barton is back in the driver’s seat, and Wall Street likes what it’s seeing. Shares...

Zillow revenues are up, but losses are widening as it pivots to home-flipping

New Zillow CEO Rich Barton is shooting for the moon, but the company’s latest financials might have him crashing...

Zillow CEO Spencer Rascoff is stepping down as his co-founder takes over

Zillow Group is replacing CEO Spencer Rascoff with co-founder and former CEO Rich Barton, the company said in a...

Why did Zillow’s stock fall 15% in a day?

On Tuesday, Zillow Group had a terrible, horrible, no good, very bad day. After lowering its 2018 revenue projection, the Seattle-based listings giant watched its stock plunge around 15 percent. Nearly a dozen Wall...

Spencer Rascoff explains Zillow’s house-flipping strategy

Spencer Rascoff believes Zillow’s “Instant Offers” program will appeal to sellers who want, or need, to line up the...

Zillow sees 22% boost in Q1 revenue

Zillow Group saw a 22 percent increase in revenue in the first quarter, largely driven by its Premier Agent business. Revenue totaled just under $300 million the listings giant said on its quarterly earnings...

They first targeted the brokers. Now Zillow’s looking to make a buck off developers

Zillow Group has quietly started charging builders and their agents for listings that were previously free on its website,...

Charting StreetEasy’s path forward? It’s complicated

StreetEasy may be ubiquitous in New York City, but monetizing the brand is proving “a little more complicated,” according to Spencer Rascoff,...

StreetEasy’s revenues leap 73% in 2015

Despite broker backlash over its agent advertiser programs, StreetEasy revenue grew a whopping 73 percent in 2015, parent company Zillow Group said Thursday. In a fourth quarter earnings call, Zillow CEO Spencer Rascoff said the...

Zillow nixes RentJuice after just 3 years — could Market Leader be put out to pasture next?

Just three years after buying startup RentJuice for $40 million, Zillow decided to shut the rental broker service down in favor of focusing its...

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