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

Pacaso's Spencer Rascoff and Austin Allison (iStock, Pacaso)
National

Spencer Rascoff’s Pacaso is worth $1B

Five months after launching, second-home startup Pacaso is a unicorn. The company, started by Zillow co-founder Spencer Rascoff and other former Zillow executives, said it raised $75 million at a $1 billion valuation —...

Spencer Rascoff’s Pacaso is worth $1B
Spencer Rascoff and Offerpad CEO Brian Blair (Getty, Offerpad)
National

Spencer Rascoff’s SPAC strikes $3B deal with Offerpad

Zillow co-founder Spencer Rascoff is betting big on iBuying — a move that pits him against the real estate...

Spencer Rascoff’s SPAC strikes $3B deal with Offerpad
From left: Fifth Wall’s Brendan Wallace, Tishman Speyer’s Rob Speyer, Social Capital’s Chamath Palihapitiya, Cantor Fitzgerald’s Howard Lutnick, Pershing Square Capital’s Bill Ackman and Opendoor’s Eric Wu
National Issue

Making sense of the SPACe race

When Fifth Wall Ventures decided to jump into the SPAC market in January, it targeted a raise of $250 million to take a startup public. Within three weeks, it upsized the offering — twice...

Making sense of the SPACe race
Spencer Rascoff (Photo via Getty, Spencer Rascoff, iStock)
National

Spencer Rascoff goes for SPAC trifecta

Zillow co-founder Spencer Rascoff is raising a third blank-check company, according to regulatory filings. The 45-year-old’s Supernova Partners Acquisition Company III is seeking $250 million to invest in the tech sector, the filing said....

Spencer Rascoff goes for SPAC trifecta
Spencer Rascoff (Photo by Kevin Scanlon/Illustration by Kevin Rebong for The Real Deal)
National

Spencer Rascoff launches second SPAC

Why have one SPAC when you could have two? Zillow co-founder Spencer Rascoff, who raised $350 million for his first blank-check firm this fall, has just launched a second SPAC, according to a regulatory...

Spencer Rascoff launches second SPAC
Spencer Rascoff scoops up another Brentwood Park home
Los Angeles

Spencer Rascoff scoops up another Brentwood Park home

Former Zillow CEO Spencer Rascoff has snagged another Brentwood Park property. Rascoff paid $5.7 million — a million dollars...

Spencer Rascoff scoops up another Brentwood Park home
Spencer Rascoff of Pacaso (Getty; Unsplash)
National

Spencer Rascoff wants to democratize second homes

Who says second homes are only for the 1 percent? A group of ex-Zillow executives, including former CEO Spencer...

Spencer Rascoff wants to democratize second homes
Spencer Rascoff (Credit: John Lamparski/Getty Images)
National

Zillow co-founder Spencer Rascoff leaves board

Fourteen months after being replaced as Zillow’s chief executive, co-founder Spencer Rascoff is leaving the company’s board of directors....

Zillow co-founder Spencer Rascoff leaves board
Zillow’s Spencer Rascoff lists LA home for $7M over Zestimate
Los Angeles

Zillow’s Spencer Rascoff lists LA home for $7M over Zestimate

Spencer Rascoff, the co-founder and former CEO of Zillow, has put his Brentwood Park estate on the market for...

Zillow’s Spencer Rascoff lists LA home for $7M over Zestimate
Wall Street really likes Zillow’s new CEO
National

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...

Wall Street really likes Zillow’s new CEO

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