Hacker Connect January 16 in New York
An event for and by the real estate tech community

ZipRealty has posted only two profitable quarters in its short history, but the company's bottom line was near break-even in the first quarter of this year and its growth since its inception in 1999 has been impressive. The future could hold as much as $69 million in IPO capital for brand-name advertising, expansion, technology and possibly acquisitions of other businesses, technologies and other assets. Or at least that's the outlook portrayed in the initial public stock offering registration statement the innovative brokerage company filed today with the Securities and Exchange Commission. Zip's revenues have grown from $4 million in 2001 to $17 million in 2002 and $34 million last year while losses shrunk from $13.8 million in 2001 and $14.8 million in 2002 to just $4.6 million last ye...