QUOTE AND NEWS
guardian.co.uk  Mar 28  Comment 
Not even the weather could stop the family-friendly fairytale, but the outlook was less bright for CHiPs, The Lost City of Z and Jake Gyllenhaal sci-fi Life A sunny weekend and a dearth of strong new releases should have created a tough...
DailyFinance  Mar 24  Comment 
Filed under: Entertainment, Movies, Movie News Jay Z is bringing Trayvon Martin's story to both the big screen and the small screen. He and The Weinstein Company have just scooped up the rights to two books about Martin, with the intention of...
CNNMoney.com  Mar 24  Comment 
Not many successful businesses start with a luggage fail.
Forbes  Mar 24  Comment 
Gen Z – teenagers ages 15 to 19 – have significant buying power.
Motley Fool  Mar 23  Comment 
Even as the market was flat, these stocks lagged behind. Here's what investors need to know.
The Economic Times  Mar 23  Comment 
Generation Z, which is the biggest consumer of digital content, is also the most averse to advertising and hence ad avoidance on digital devices is a serious issue.
Forbes  Mar 22  Comment 
Tomboy-chic brand Wildfang is inherently political and as millennials and Gen Z become more accepting of gender fluidity is this the fashion of the future? On Wednesday, it launched its second line of best-selling ‘Wild Feminist’ apparel.
Forbes  Mar 22  Comment 
Marketing to Generation Z is all about learning what's important to them and understanding how they spend their time online.
MarketWatch  Mar 16  Comment 
An analysis from Zillow and LinkedIn shows the metro areas where workers in three growing industries can get the most bang for the buck.




 
TOP CONTRIBUTORS

Zillow, Inc (NASDAQ:Z) runs a web marketplace for real estate. The website allows homeowners, buyers, sellers, renters, and real estate agents to connect through the website. In addition, the site provides estimates on the value of homes using a proprietary algorithm. Zillow makes money through subscriptions paid by real estate agents and professionals in order to post their profiles on the site. This allows real estate professionals to gain access to customers and allows customers to more clearly understand their options. The company also makes money through traditional advertising displayed on the website.[1]

Business Overview

For the full year 2010, Zillow reported a total revenue of $30.5M, a 74% increase over the previous year. The company had a net loss for the same period of $6.8M.[2]

New Updates

The company's initial public offering of stock on the NASDAQ occurred on July 19, 2011. The company offered 3.5M shares each for $20. This was above the revised price range of $16-$18. The initial price range was $12-$14. The deal raised a total of $70. The lead underwriter was Citigroup (C).[3]

Trends & Forces

Reliance on real estate professionals

Zillow's business model is to allow free access to individuals who want to buy, sell or rent, while only charging professionals. As a result, Zillow must continue to provide enough value to real estate professionals in order to provide reason for them to pay their subscriptions. The page views of individuals is important as it translates to more valuable subscriptions for professionals, yet this is only indirect. Real estate professionals will only be willing to pay for subscriptions to the extent that it helps them attract new customers.[4]

Dependence on the real estate market

Because Zillow's revenues are closely tied to the level of traffic and the level of subscriptions to the site, its performance is based on the real estate market. A slow market where relatively few homes are being bought and sold will result in decreased interaction on the site and so less revenue. By contract, increased market activity may cause usage of the site to rise.[5]

  1. Z S-1/A 2011 PROSPECTUS SUMMARY "Our Company" pg 1-3
  2. Z S-1/A 2011 PROSPECTUS SUMMARY "Summary Financial and Other Data" pg 9
  3. Renaissance Capital - IPO Home "Zillow surges on early trading" 20 July 2011
  4. Seeking Alpha "Will Zillow's IPO Wow the Market?" 18 July 2011
  5. Z S-1/A 2011 PROSPECTUS SUMMARY "Risk Factors" pg 12-18
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki