BrokerageTechnology

Happy IPO! Glenn Kelman gets confetti GIF from Spencer Rascoff

How is Kelman feeling on the day his company raised $138 million?

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

Redfin CEO Glenn Kelman didn't sleep well last night. But that's not because he had butterflies over Redfin's looming IPO: He's just a little sick, he said in a conference room at the Nasdaq building this morning. "Don't speak because you're losing your voice," his wife told him. But while Kelman may be battling a cold, he's not exactly under the weather. After all, Redfin just raised $138 million through its IPO, at a valuation of around $1.2 billion. Glenn Kelman stands in front of a buffet at Redfin's IPO ceremony in the Nasdaq building. Another pick-me-up came as a sparkling text message. It was a confetti GIF from Spencer Rascoff, the CEO of Zillow Group -- considered by some analysts to be Redfin's biggest competitor. He didn't receive a similar congratulatory note from former Trulia CEO Pete Flint, who sold Trulia to Zillow Group. But "I don’t think you should blame him for not texting me or calling me," Kelman said. Flint has "looked for ways to be real...