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by theprop 3292 days ago
Woah...that's a gigantic valuation...I wouldn't have expected their gross income to be in the nine figures yet?!
1 comments

I agree, $4 billion is at least 2x-3x more than I would have expected. Housing and everything connected to it is obviously a wildly lucrative industry if you can find a way to skim a sliver out of any of the various layers. That's essentially what Houzz has done, injected themselves as a middle-man referral engine (no different than a Priceline or Kayak).

Zillow is chasing down $1.x billion in sales for the next four quarters. Seems remarkable as well.