<![CDATA[Gawker: valleywag, rich barton]]> http://tags.gawker.com/assets/base/img/thumbs140x140/gawker.com.png <![CDATA[Gawker: valleywag, rich barton]]> http://gawker.com/tag/valleywag/richbarton http://gawker.com/tag/valleywag/richbarton <![CDATA[The Twitterati Use an iPhone App to Prove Something]]> Julia Allison thinks she has something to prove, Zillow CEO Rich Barton thinks he personally brought down AT&T, and MSNBC anchor Tamron Hall think she's a neutral vessel for news. Other delusions of the Twitterati:

Internet microcelebrity Julia Allison gazed into the abyss.

Rich Barton, CEO of real-estate startup Zillow, let his iPhone app go to his head.

VH1 pop-culture commentator John Aboud sartorialized.

New Yorker writer Susan Orlean finally turned into a crazy cat lady, as we'd all kind of expected.

MSNBC anchor Tamron Hall feigned objectivity.

Did you witness the media elite tweet something indiscreet? Please email us your favorite tweets — or send us more Twitter usernames.

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<![CDATA[Zillow chief's home a secret]]> A flack at Zillow recently tried to interest me in the online real-estate startup's listings of celebrity homes. A fun topic, and one that might distract reporters from talk of the company's finances after a recent layoff. (Zillow is infamous in real-estate circles for its questionably accurate estimates of home prices.) I asked her: What about the celebrity home of Zillow CEO Rich Barton? The answer I got: Zillow only lists celebrity houses which are up for sale. But Barton has been happy to use his personal residence to generate publicity for the site before, blogging about the sale of his previous Seattle home. Why so shy now?

A search of King County property records showed that since the June 2007 sale of his previous residence, Barton hasn't purchased property under his or his wife's name. Is he renting? Zillow's Amy Bohutinsky says Barton does own his own home, which a Seattle-based tech reporter says is in the city's Madison Park neighborhood. He may well have bought it under a trust.

If so, it's the first time he's chosen to do so in years of owning Seattle-area real estate. It's telling that Barton, an ex-Microsoft executive who got rich through the software giant's spinoff of travel site Expedia, has suddenly become interested in keeping his home address private. Could it have anything to do with his new business of telling everybody what their neighbors' homes are worth?

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<![CDATA[Zillow jumps on the firebus]]> "One of the reasons this is so difficult is simply because the business continues grow," mistypes Rich Barton, CEO of Seattle-based online real-estate startup Zillow. Following the current fad, the company axed 25 percent of roughly 150 employees. Barton's layoff blog post sticks to the formula: I'm sad, this is hard, but business is just fucking great! But I'm sad. The End. I prefer Barton's personal profile on Zillow: "I love houses (I've owned close to 10)." So he feels your pain.

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<![CDATA[Zillow's new ad network desperate ploy to make sales numbers?]]> Ad networks are to Web 2.0 business strategy what the portal was to the dot-bomb — a desperate attempt to turn the eyeballs that were used to calculate valuations for venture capital and acquisition purposes into actual revenue by aggregating advertising inventory. And they work about as well as you'd expect, which is not very. So I was more than a little bemused to see real estate listing Web site Zillow touting a new ad network along with a consortium of struggling newspaper publishers. Because from what I've heard about the startup, it hasn't been able to make revenue numbers promised to investors by founder and CEO Rich Barton, while it burns through cash on — wait for it — real estate.

Barton, who famously founded travel Web site Expedia as a Microsoft property before it split off and sold to IAC, has apparently been telling investors that the company will make $40 million in revenue by the end of the year — even though the best estimates within the company peg the amount at more like $8 million, according to a source. Meanwhile, the company maintains a lavishly appointed office on the 46th floor of the Wells Fargo Center in Seattle's central business district, and has raised a total of around $87 million in three rounds of venture capital funding.

Trulia, which offers similar price estimates for properties, is neck-and-neck with Zillow in terms of visitors according to Compete. However, Trulia has only raised $33 million and is headquartered in a relatively humble office building at the foot of San Francisco's Portrero Hill. Granted, savvy visitors probably check both sites because the numbers provided can often be wildly inaccurate. Sort of like Barton's revenue estimates.

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<![CDATA[Rich Barton, CEO at Real-Estate site Zillow...]]> San Jose Mercury News]]]> http://gawker.com/index.php?op=postcommentfeed&postId=278251&view=rss&microfeed=true