Industry News

Zillow founder goes full throttle

Profile: Richard Barton behind newly launched real estate service

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About one month ago, Zillow founder Richard Barton took a helicopter 12,000 feet to the top of a mountain in British Columbia and snowboarded down untracked powder with a group of friends. Today, Barton and his team have set out in similar circumstances, launching their new service Zillow, which offers consumers a look at their home's value history. "It's called heli-skiing," said Gordon Stephenson, a Seattle real estate broker who serves on Zillow's board of directors, of Barton's sport. "You don't know where you're going, you don't know what weather conditions are like. You need to have a good team around you that knows how to dig you out and you have to have some money, because it's not cheap." At Zillow, Barton also has surrounded himself with a solid team – five of the six top executives worked at Barton's first venture, online travel giant Expedia. The sixth comes from Zillow has received $32 million in financing with investors Benchmark Capital and Technology ...