SiliconBeat reports that Zillow, the ninth most visited US real-estate site, has raised yet more VC money — $25 million on top of its earlier megaround of $32 million. That kind of money means there can be no exist strategy in sight because of the kind of multiple that investors will want.
Perhaps someone should develop a “Zestimator” to determine the valuations of all the “Web2.0” companies out there seeking to be acquired.
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July 25, 2006 at 11:28 pm
[…] Zillow.com got itself a ton of new venture capital yesterday, so today seems like a fine time to deconstruct its praxis. […]