Zillow's Spencer Rascoff an 'Entrepreneur of the Year'

Zillow CEO Spencer Rascoff is one of 12 Ernst & Young “Entrepreneur of the Year” national award winners.

Rascoff, winner in the “services” category, said: “We created Zillow in 2006 because it seemed like there was all this incredible information locked up in secret databases, but it wasn’t readily available. We started with the Zestimate, an idea that there’s a valuation on every home in the country, and we should endeavor to produce it on the website. In the last six years, we’ve added real estate listings, rental listings, mortgages and home improvement data.”

Hamid Moghadam, CEO and chairman of Prologis, was the overall winner of the annual awards. Source: ey.com