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Brier Dudley's Blog

Brier Dudley offers a critical look at technology and business issues affecting the Northwest.

June 10, 2011 at 2:19 PM

Zillow updates IPO filing, after 10% growth

Posted by Brier Dudley

Seattle real estate startup Zillow today updated its initial public offering prospectus, adding sales information from May to the document that it filed last month.

Apparently it saw a 10 percent increase in traffic last month and it's adding the better numbers to investor pitch.

Here are the high-level stats in today's filing:

Consumers increasingly are turning to the Internet and mobile devices for real estate information. During May 2011, 22.0 million unique users visited our website and mobile applications, representing year-over-year growth of 102%. We operate the most popular mobile real estate applications across iPhone, iPad, Android and BlackBerry. During May 2011, Zillow was used on a mobile device more than 8.8 million times, with more than 1.7 million homes viewed on mobile devices each day.

For comparison, here are the stats in the May 23 filing:

Consumers increasingly are turning to the Internet and mobile devices for real estate information. During April 2011, 20.2 million unique users visited our
website and mobile applications, representing year-over-year growth of over 89%. We operate the most popular mobile real estate applications across iPhone,
iPad, Android and BlackBerry. During April 2011, Zillow was used on a mobile device more than 8.5 million times, with more than 1.7 million homes viewed on
mobile devices each day.

My experience inside zillow was not good sorry to say, but I feel web-sites need to comply with some simple principles that start with transparency...  Posted on June 10, 2011 at 5:16 PM by Jon Kolsky. Jump to comment

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