https://padlet.com/alvken27/599l1wqf1uk1fij en-us 2024-02-22 17:36:09 UTC 2024-02-22 19:47:47 UTC hello@padlet.com alvken27 https://padlet.com/alvken27/599l1wqf1uk1fij/wish/2892717927 Rich a young Microsoft employee, wanted everyone to have access and control. Always wanted to be an entrepreneur, when scheduling business trips he has always had difficulties calling the travel agency/corporate and he wanted to schedule his own trip on his own. He had a chance to go to Bill Gates and pitch his idea, leading him to launch Expedia in 1996 with the help of Microsoft which was a hit.]]> 2024-02-22 17:44:54 UTC https://padlet.com/alvken27/599l1wqf1uk1fij/wish/2892717927 alvken27 https://padlet.com/alvken27/599l1wqf1uk1fij/wish/2892741115 Expedia was launched into the MSN web, it had a combination of consumer software and in-dept multimedia content which made Expedia the premier place to plan and purchase in the web. Expedia was a success in the web and the web was recently being developed and Expedia gave consumers an eye to the future.]]> 2024-02-22 18:04:15 UTC https://padlet.com/alvken27/599l1wqf1uk1fij/wish/2892741115 alvken27 https://padlet.com/alvken27/599l1wqf1uk1fij/wish/2892748018 Rich came back from Florence, Italy after living a year abroad and reunited with Lloyd (his friend), and they were both looking to purchase a home. They decided to rent an office space where they were brainstorming ideas, they thought of the difficulties of not seeing the information of the houses and they had to contact a realtor every time to access information. They thought the similar idea like Expedia, creating something where there is the house information and giving consumer more freedom. Expedia was a hit, so they made some money and with the money they bought any production needed like computers, softwares and they needed to buy a name for the new company and they choose Zillow.]]> 2024-02-22 18:10:04 UTC https://padlet.com/alvken27/599l1wqf1uk1fij/wish/2892748018 alvken27 https://padlet.com/alvken27/599l1wqf1uk1fij/wish/2892824524 In 2006, Rich and his team launched Zillow and it was a major hit since majority of consumers wanted to see their property value and others property value. When website was launched, by 8 am it was down since there was so much popularity.
Rich had to recruit a high level team which started from fewer than 10 at first.]]> 2024-02-22 19:17:59 UTC https://padlet.com/alvken27/599l1wqf1uk1fij/wish/2892824524 alvken27 https://padlet.com/alvken27/599l1wqf1uk1fij/wish/2892831182 The stock market crashed in 2008, Rich and his team did not know what to expect, website traffic stayed up but had to downsize employees which was a difficult decision. The Stock Market crash affected many Americans and others.]]> 2024-02-22 19:24:50 UTC https://padlet.com/alvken27/599l1wqf1uk1fij/wish/2892831182 alvken27 https://padlet.com/alvken27/599l1wqf1uk1fij/wish/2892840015 Covid-19 did not affect Zillow, but increased their website traffic since many Americans were buying homes. In 2020 alone, there was 9.6 billion views. Also launched Zillow Offer where Zillow buys your home and as a homebuyer you save time and all the selling process. ]]> 2024-02-22 19:33:12 UTC https://padlet.com/alvken27/599l1wqf1uk1fij/wish/2892840015 alvken27 https://padlet.com/alvken27/599l1wqf1uk1fij/wish/2892852984 As of Feb, 2024 they are worth 12.5 billion and they had around 10.5 billion views in 2023 and also there was 1.4 million shoppers that used the app or website. There are more than 135 million homes listed on Zillow and expected more.


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