Press Releases

Zillow, Inc. Announces Board of Directors

Marketing, technology and real estate executives join Board of pre-launch online real estate service

Jul 24, 2005

Seattle, WA – July 26, 2005 – Zillow Inc., a pre-launch consumer online real estate service (Zillow.com), today announced the formation of its board of directors. Zillow, Inc. was created early this year by a group of Internet veterans from Expedia, Amazon.com and Microsoft. In addition to the company’s founders Rich Barton, chairman and CEO, and Lloyd Frink, president, Zillow, Inc.’s board of directors includes: • Erik Blachford. The former CEO and marketing executive of Expedia, Inc., Blachford was most recently CEO of IAC/InterActive Corp’s travel division, which included online travel businesses Expedia, Hotels.com, Hotwire, Classic Custom Vacations, and Interval International. Blachford is a graduate of Princeton University and holds a master's degree in business administration from Columbia University Graduate School of Business. • Gregory Maffei. Currently president and CFO of Oracle, Maffei has also served as CFO of Microsoft Corp. Most recently, Maffei was chairman and CEO of 360networks Corp. He also serves as a director of Starbucks Corp. Maffei holds a master’s degree in business administration from Harvard Business School, where he was a Baker Scholar, and an A.B. degree from Dartmouth College. • Gordon Stephenson. Stephenson is the co-founder and managing broker of Real Property Associates (RPA), one of the largest independent real estate brokerages in the Northwest. In this role, he oversees more than 40 agents and brokers. Prior to founding RPA in 1991, Stephenson was a Seattle-based associate broker with both Prudential MacPhersons and Windermere Real Estate. Stephenson is a graduate of Stanford University, with an A.B. in economics. “Creating a consumer online business in one of the largest industries, real estate, will be a delicate challenge requiring a mix of marketing, technology, and real estate smarts,�? said Rich Barton. “Erik, Greg and Gordon are the all-star team, and Zillow is extremely pleased to have them on board to help guide us in this new adventure.�? Created early this year and set to launch at a future undisclosed date, Zillow, Inc. has raised $6 million from its directors and employees, and is likely to raise additional venture capital financing this year. About Zillow, Inc. Coming soon, Zillow, Inc. is a consumer online real estate service (Zillow.com), created by a group of Internet veterans from Expedia, Amazon.com and Microsoft Corp. Zillow, Inc. was founded in early 2005, with corporate headquarters in Seattle, WA. Zillow.comTM is a trademark of Zillow, Inc.


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