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

A tech blog estimates that online real estate valuation and marketing company Zillow is worth about $225 million, though the blog acknowledged that it lacked detailed financial information for the company. This valuation, by the New York-based Silicon Alley Insider blog, is based on $87 million raised through three rounds of financing, the real estate market downturn, a "relatively flat growth rate," and "the challenge of compiling accurate estimates of house values." The blog said Zillow draws about 2.2 million unique U.S. visitors a month, based on Compete statistics. Amanda Hoffman, a Zillow spokeswoman, said today that she couldn't comment on the accuracy of the blog's valuation. "As a private company we don't comment on our valuation," she said. ...