Trulia: Difference between revisions
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In a 2012 review, Trulia reported 22 million monthly unique visitors. |
In a 2012 review, Trulia reported 22 million monthly unique visitors. |
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In July 2012, Trulia filed for an initial public offering and stated they would trade on the New York Stock Exchange under the symbol "TRLA." In August 2012, Trulia revealed they would plan to raise up to $75 million in the IPO.<ref>Wauters, Robin. August 17, 2012. "Online real estate firm Trulia files S-1, plans to raise $75 million in IPO." http://thenextweb.com/insider/2012/08/17/online-real-estate-firm-trulia-files-s-1-plans-raise-75-million-ipo/</ref> |
In July 2012, Trulia filed for an initial public offering and stated they would trade on the New York Stock Exchange under the symbol "TRLA." In August 2012, Trulia revealed they would plan to raise up to $75 million in the IPO.<ref>Wauters, Robin. August 17, 2012. "Online real estate firm Trulia files S-1, plans to raise $75 million in IPO." http://thenextweb.com/insider/2012/08/17/online-real-estate-firm-trulia-files-s-1-plans-raise-75-million-ipo/</ref> The IPO was priced at $17 per share, and began trading on September 20, 2012 at an opening price of $22.10.<ref>Tsukayama, Hayley. September 20, 2012. "Trulia IPO pops on debut, keeps climbing." http://www.washingtonpost.com/business/technology/trulia-ipo-pops-on-debut-keeps-climbing/2012/09/20/e2f56d14-032d-11e2-91e7-2962c74e7738_story.html</ref> |
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== Management == |
== Management == |
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Revision as of 17:30, 26 September 2012
Trulia is an online residential real estate site for home buyers, sellers, renters and real estate professionals. It lists properties for sale and rent as well as neighborhood information and community insights. The company is headquartered in downtown San Francisco [1] and has offices in New York City and Denver, Colorado.[2]
History
Trulia was founded by Pete Flint and Sami Inkinen, both graduates of Stanford Graduate School of Business. The company launched nationwide in September 2006 after an initial Beta launch in September 2005 with products that included historical home price trends, home comparisons and interactive heat maps.[3] Trulia works with most major brokerages, franchisors, agents and MLSs in the US to display a comprehensive list of properties for sale and for rent and supplements the experience with data and maps of local schools, crime and commute information.
Since 2005, Trulia has raised approximately $33M in funding from investors including Accel Partners, Sequoia Capital, Fayez Sarofim & Co and Deep Fork Capital.[4]
There were rumors in December 2009 that Google was in talks to buy Trulia. While the asking price was not known, sources guessed around $150–$250M.[4]
In a 2012 review, Trulia reported 22 million monthly unique visitors.
In July 2012, Trulia filed for an initial public offering and stated they would trade on the New York Stock Exchange under the symbol "TRLA." In August 2012, Trulia revealed they would plan to raise up to $75 million in the IPO.[5] The IPO was priced at $17 per share, and began trading on September 20, 2012 at an opening price of $22.10.[6]
Management
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Pete Flint is the Co-Founder and CEO of Trulia.com. He previously spent 5 years as a founding team member and Head of Global Business Development at Lastminute.com where they became Europe's largest online travel company with over 2000 employees, over $1bn transactions and operations in 12 countries. He holds an MBA from Stanford Graduate School of Business and a First Class Degree and Masters in Physics from Magdalen College, Oxford University.
In February 2011, Paul Levine became Trulia's Chief Operating Officer. He was previously President of New Media at Current TV and a Board Member at Zvents. Levine received his MBA from Stanford University.[citation needed]
In November 2011, Sean Aggarwal joined as CFO. He previous worked in Investment Banking at Merrill Lynch, Amazon.com, eBay and PayPal.
Sami Inkinen, formerly Co-Founder and President stepped away from an operating role in March 2012, but remains on Trulia's Board of Directors. Previously, he was the Co-Founder of Matchem Ltd as well as a consultant for McKinsey & Company. Sami is an accomplished Triathlete.[7]
See also
References
- ^ "News Room - Trulia.com - Press Releases". San Francisco. 2011-01-06. Retrieved 2011-11-27.
- ^ Oreskovic, Alexei. "Exclusive: Trulia real estate website to open Denver office". Reuters. Retrieved 2011-11-27.
- ^ McAllister, Sue (2006-09-25). "Trulia goes local, nationally". Square Feet. Retrieved 2011-11-27.
- ^ a b Swisher, Kara (2009-12-18). "Google to Acquire Real Estate Site Trulia?". All Things D. Retrieved 2011-11-27.
- ^ Wauters, Robin. August 17, 2012. "Online real estate firm Trulia files S-1, plans to raise $75 million in IPO." http://thenextweb.com/insider/2012/08/17/online-real-estate-firm-trulia-files-s-1-plans-raise-75-million-ipo/
- ^ Tsukayama, Hayley. September 20, 2012. "Trulia IPO pops on debut, keeps climbing." http://www.washingtonpost.com/business/technology/trulia-ipo-pops-on-debut-keeps-climbing/2012/09/20/e2f56d14-032d-11e2-91e7-2962c74e7738_story.html
- ^ "Trulia's Winning Strategy: Treat Your Startup Like Triathlon Training". Fast Company. Retrieved 2011-04-16.