Redfin and ApartmentList.com feted by Goldman Sachs

Real estate tech startups Redfin and ApartmentList.com are among private Web companies that Goldman Sachs has invited to an exclusive conference that it hosts for companies that are generally deemed to be headed for an initial public offering or high-profile merger or acquisition, TechCrunch reports.

TechCrunch says the conference “is one of the most high-end and hush-hush events in the tech world,” and “if you’re on the invite list, you’re in pretty good company — and the first rule is that you don’t talk about it to others.”

The Goldman Sachs Private Internet Company Conference, which is being held at the Bellagio in Las Vegas, began Nov. 20 and concludes today.

Redfin’s appearance at the conference comes shortly after it clinched a chunk of cash larger than all the money it’s raised since its founding nine years ago — an investment that CEO Glenn Kelman acknowledged is viewed as setting the company up for an initial public offering. The funding round valued Redfin at about $500 million.

ApartmentList.com casts itself as “storming the Craigslist castle” and claims to be the fastest-growing apartment search site.

Source: TechCrunch

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