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

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

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...

Why did Zillow’s stock fall 15% in a day?
Spencer Rascoff explains Zillow’s house-flipping strategy
Weekend Edition

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...

Spencer Rascoff explains Zillow’s house-flipping strategy
Zillow sees 22% boost in Q1 revenue

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...

Zillow sees 22% boost in Q1 revenue
Charting StreetEasy’s path forward? It’s complicated

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,...

Charting StreetEasy’s path forward? It’s complicated
StreetEasy’s revenues leap 73% in 2015

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...

StreetEasy’s revenues leap 73% in 2015
From left: Pete Flint and Spencer Rascoff

Zillow acquires Trulia for $3.5B in stock

Zillow has reached a final agreement to buy rival website Trulia for $3.5 billion in a stock-for-stock transaction.

Zillow acquires Trulia for $3.5B in stock

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