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Tinder Parent Match Group Cuts 13% Of Workforce After Earnings Miss, Taps Gen Z Features Like 'Double Date' To Spark Growth
Friday, May 9, 2025 - 3:51am | 657Read More...Dating app giant Tinder, Hinge, and Match.com’s parent company, Match Group Inc. (NASDAQ:MTCH), missed estimates but announced restructuring plans spearheaded by new CEO Spencer Rascoff during its first quarter earnings call. What Happened: Rascoff unveiled a strategy focused on unifying the...
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Here's Zillow Co-Founder's Only Real Estate Investment — He Finds The Sector 'Unapproachable And Complex'
Tuesday, June 27, 2023 - 10:06am | 869Read More...Serial entrepreneur Spencer Rascoff is best known as the co-founder and former CEO of the online real estate marketplace Zillow. He also co-founded Pacaso, a platform that aims to make owning a second home more accessible by offering a shared ownership model. Given his role in creating these...
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Bezos-Backed Real Estate Investment Platform To Launch Its 100th Rental Property Offering
Friday, April 29, 2022 - 8:19pm | 555Read More...Arrived Homes, the fractional real estate investment company backed by Amazon.com Inc (NASDAQ: AMZN) founder Jeff Bezos, has 14 new offerings going live on its platform Monday May 2, 2022. Shares of the rental properties will be available to investors at 11:00 AM EDT. The properties are...
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Notable Palantir Technologies Insider Makes $570K Sale
Tuesday, November 16, 2021 - 11:27am | 444Read More...Spencer Rascoff, Insider at Palantir Technologies (NYSE:PLTR), made a large insider sell on November 11, according to a new SEC filing. What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that Rascoff sold 25,000 shares of Palantir Technologies at a...
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Could Opendoor, Offerpad See Surge With Zillow Exiting Homebuying?
Thursday, November 4, 2021 - 10:53am | 508Read More...One of the top investing stories of the week was the announcement from Zillow Group Inc (NASDAQ: Z) that it is exiting the home buying business. While the news is a negative for Zillow, it could benefit two competitors that went public via SPAC merger. What Happened: Zillow announced as part of its...
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SPACs Attack Weekly Recap: Looking Back On 7 Deals, Rumors And Headline News
Sunday, March 21, 2021 - 4:15pm | 1503Read More...It was another busy week for the SPAC market with numerous deal announcements and rumored deals. Benzinga's "Spacs Attack" covered the deals and news of the week. Here is a look back at the announced deals, rumors and some top headlines. SPAC Deals FinTech Acquisition Corp...
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IBuying Real Estate Company Offerpad Purchased In SPAC Led By Former Zillow CEO
Thursday, March 18, 2021 - 5:20pm | 698Read More...A new public entrant in the online buying and selling of homes has emerged with a SPAC deal announced Thursday. The SPAC Deal: Offerpad, a technology-enabled real estate solutions platform, is going public with Supernova Partners Acquisition Co Inc (NYSE: SPNV). Spencer Rascoff, co-...
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Zillow And Hotwire Founder Spencer Rascoff Launches SPAC
Sunday, September 27, 2020 - 3:15pm | 334Read More...Serial entrepreneur Spencer Rascoff announced plans to launch a SPAC on Friday. The Management Team: Supernova Partners Acquisition Company (NYSE: SPNV) was formed by Spencer Rascoff, Alexander Klabin, Robert Reid and Michael Clifton. Spencer Rascoff will serve as the co-chairman of this SPAC....
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Zillow CEO: Jack Dorsey Following Steve Jobs' Path 'Will Be A Mistake'
Wednesday, June 17, 2015 - 2:14pm | 414Read More...The New York Times recently published a piece that highlighted how Twitter Inc (NYSE: TWTR)’s new interim CEO, Jack Dorsey, is trying to follow in the footstep of Steve Jobs by being CEO of two high-profile tech companies (Twitter and Square) at the same time. Spencer Rascoff, Zillow...
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Oppenheimer And Zillow: Model Adjusted Amid Trulia Acquisition, Shares Rebounding
Thursday, April 16, 2015 - 1:21pm | 651Read More...On Tuesday, Oppenheimer & Co. Inc. (Opco) published a note updating their model on Zillow Group Inc (NASDAQ: Z) after CEO Spencer Rascoff lowered Zillow guidance for FY 2015. Opco's Zillow Highlights FY 2015 EBITDA lowered to just $80 - $85 million vs. a prior consensus of approximately $146...
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Zillow's Plummet Explained: Trulia Sales Force Got Distracted By Merger Process
Wednesday, April 15, 2015 - 1:28pm | 371Read More...Shares of Zillow Group Inc (NASDAQ: Z) plummeted more than 12 percent during early trading on Tuesday, but made a recovery during the rest of the trading day to close the day down only 1.38 percent from previous close. The reason for the slump has been attributed to the disappointing 2015 outlook...
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Zillow Warns That 2015 Will Be A 'Transition' Year
Tuesday, April 14, 2015 - 9:49am | 265Read More...Shares of Zillow Group Inc (NASDAQ: Z) were halted during Tuesday's pre-market trading session ahead of a planned conference call with investors. The company began a conference call at 9 a.m. in which management discussed its acquisition of Trulia, which closed on February 17. The company is also...
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15 Corporate Execs Using Twitter Better Than Anyone Else
Friday, November 21, 2014 - 12:41pm | 1915Read More...As social media's footprint continues to grow in the business world, key company officers and executives continue to use it to interact with customers. A handful have understood this for quite some time and have acted accordingly. Below are some of the most accessible leaders on Twitter,...
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Zillow Trending Lower Despite Boosted Guidance
Tuesday, August 5, 2014 - 5:40pm | 226Read More...Zillow (NASDAQ: Z) reported 68 percent year over year sales growth at $78.7 million. Wall Street was looking for $76.5 million, 2.9 percent below the actual figure. Real estate led the way with 83 percent growth, followed by 53 percent growth in display revenue. Zillow also reported record...
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Zillow & Trulia Announce $3.5 Billion Deal; Peer Stocks In Play
Monday, July 28, 2014 - 9:06am | 281Read More...In one of the biggest all-stock transactions of the year, Zillow (NASDAQ: Z) announced it would be purchasing Trulia (NYSE: TRLA) for $3.5 billion. Shareholders of Trulia will receive 0.444 shares of Zillow per Trulia share, making total ownership 33 percent. Along with $100 million in...
