Leap Academy with Ilana Golan
Former Zillow CEO, Spencer Rascoff: Leading Billion-Dollar Startups Through Crises | E63
19 Dec 2024
Full Episode
Startups are hard. Hang in there, everybody.
Spencer Vascoff, co-founder and CEO of Zillow until 2019, which during your time grew to over 4,500 employees, $3 billion in revenue, $10 billion in market capitalization.
As a kid, I watched a lot of entrepreneurship and that was inspiring to me and helped encourage me and my path to entrepreneurship.
He also co-founded Hotwire, which was sold to Expedia for $685 million.
Two of my companies, Hotwire, which had a crisis two years in, and then Zillow that had a crisis two years in with the financial crisis. My next company, Picasso, also had this crisis, which was the pandemic. Founders of startups who are listening to this, if you want a simple, safe, stable job, go do something else. That is not what startups are.
Being provocative helps drive virality, and that's certainly one of the ways that Zillow grew.
You did allude a little bit to the 2008 crisis. How did you maneuver that?
I would say...
So today I have a really great episode for you because this person, I've been following him for a long time, Spencer Vascoff, co-founder and we're CEO of Zillow until 2019, which during your time grew to what, over 4,500 employees, 3 billion in revenue, 10 billion in market capitalization, massive. And I think every single person knows Zillow, which is incredible. My daughter uses Zillow for fun.
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