Real Estate Startup Zillow Files For An IPO


Here comes another tech IPO.

Real estate startup just filed with the SEC to raise $51.75 million through a public offering. lists houses and apartments for sale. It has some pretty useful mobile apps, too.

Here are some of the key stats from the S1:

  • $30.5 million in revenue for 2010, up from $17.5 million in 2009.
  • A $6.8 million loss in 2010, down from a $13 million loss in 2009.
  • 13 million average monthly uniques in 2010 up from 7.6 million average monthly uniques in 2009.

Citi is the IPO underwriter.

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at

Tagged In

ipos sai-us