<![CDATA[Gawker: valleywag, zillow]]> http://tags.gawker.com/assets/base/img/thumbs140x140/gawker.com.png <![CDATA[Gawker: valleywag, zillow]]> http://gawker.com/tag/valleywag/zillow http://gawker.com/tag/valleywag/zillow <![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[Tough times, unoriginal blog posts]]> Mahalo founder: "Tough times, hard decisions." Zillow founder: "Difficult times, difficult decisions." Seesmic founder: "Tough times. Tough decisions." The only thing easy in these times is what to headline your post about the employees you just laid off. Also, make sure to note that you are sad.

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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[Wired in 1,200 words]]>
Wired 15.12 comes in at two pounds, half the weight of a September Vogue. Most of it's the water weight of ads and a shopping guide, and I've summarized the meat of the issue in 1,200 words, so now you don't need to pick it up and risk ergonomic injury.

Start

  • Superpowers fighting to claim the melting, oil-rich Arctic will want the moon next; we need the rule of law.
  • New unsticky "Clean Gum" won't mar sidewalks.
  • Satellite photos caught an empty Burma during a communications blackout.
  • Faceslam: Facebook snub. Crowd farming: Stadium foot traffic as power plant.
  • Forty rocketeers made an X-Wing, but it exploded.
  • Chipuya Town is a Japanese mobile MMORPG.
  • Matter/antimatter mix powers superlaser.
  • Athlete's foot medicine contains no surprises.
  • Mr. Know-it-all: Surgical masks do little against Chinese pollution. eBay bidding just for good feedback violates TOS. Shark cartilage doesn't fight cancer.
  • Russia's covering Chernobyl with a steel shelter.
  • Fire hoses spray mist on ignitable gases.
  • Lace running shoes more comfortably: One normal cross, then up to the next eyelet, then cross again.
  • Memorize numbers by giving each digit a mnemonic, then think of those mnemonics appearing along a walk around your block.
  • Google buys companies that dominate, are first to a space, or could be a threat if Microsoft buys them.
  • Self-absorbed geeks = "microcelebrities."
  • Preteens are the best competitive texters.
  • If The Golden Compass makes bank we'll see two sequels.
  • Scotsmen have reinvented ancient Scottish ale.
  • Infoporn: Silly Santa math.

Play (highlights)

  • Stripper-blogger Diablo Cody wrote the sweet new comedy Juno.
  • Comic book Persepolis became a 9-out-of-10 film.
  • F4CC motorcycle could go over 200 mph but the tires would melt.

The Angry Mogul

  • CD sales fell 10 percent in 2006. The future is digital.
  • Universal Music CEO Doug Morris made Yahoo and YouTube pay to run music videos. He made Microsoft pay UMG a dollar per Zune. He's pissed at piracy. But he's letting Amazon sell DRM-free MP3s.
  • Why DRM-free? To break Apple's monopoly. iTunes represents 20 percent of all U.S. music sales.
  • UMG's digital revenue comes from iTunes and cell companies (ringtones).
  • UMG will sell a subscription service (with DRM) called Total Music, urging Microsoft to add it to Zunes.

The Ultrabuilder

  • The secret behind future "supertall" buildings is the buttressed core, a Y-shaped floor plan with a strong central support.
  • Structural engineer Bill Baker is the go-to man for supertalls.
  • Baker designed the butressed core to maximize window access and usable space in skyscrapers like the over-2600-foot Burj Dubai; it makes buildings taller, faster to build, and potentially more profitable.

Ode to Joystick

  • Video Games Live directs live orchestra and choir videogame music performances.
  • Creator Tommy Tallarico and conductor Jack Wall arrange the score and direct local musicians at symphony halls.
  • VGL and competitor Play! are barely profitable, but they bring a new 20s/30s crowd to symphony halls.

Getting a Grip

  • Making robots interact with a human environment, even finding and picking up a stapler, is tough.
  • Solution: Make them learn. AI, for real this time, honest!
  • RoboCub is a humanoid bot being taught to mimic and learn from human motions it sees.

Features
What Went Wrong

  • Iraq went wrong because we concentrated on the hardware, not the social landscape.
  • Since the '90s, everyone (including Wired) got excited about war in the information age.
  • Under Bush, Rumsfeld made an Office of Force Transformation to give the armed forces a $230-billion networked makeover.
  • That hasn't helped against our tech-primitive enemies in Iraq.
  • Oh, our technology worked great for invasion, but it's rubbish at securing peace. For that, we actually need troops.
  • For example, 150 troops are in charge of security for the 50,000-person Iraqi city of Tarmiyah.
  • Their leading officer recruits local watchmen to help.
  • US forces have sophisticated command centers on a network (CPOF), but the system was designed for "short, decisive battles" against armies, not extended missions against insurgents.
  • Many forces can't get online enough to make CPOF useful.
  • Meanwhile, insurgents just use the Internet and TV, and they already know the local culture.
  • Psyops agent Joe Colabuno wins over informants by knowing the culture, name-dropping sheikhs and debating using the Koran. He makes posters spoofing insurgents to sway public perception.
  • General Patraeus still believes in network-centric warfare, but as the man behind the surge, he believes in adequate troops too.
  • The co-conceiver of networked warfare says: Combat operations are like football; stability operations are like soccer. The network model needs to adapt.
  • The Army is adapting, spending $41 million on "Human Terrain Teams" of "150 social scientists, software geeks, and experts on local culture." They're credited for more local support and less combat in certain areas.
  • HTTs will become more integral, but we don't know if they'll be armed or given command authority.

Back to the Futurama

  • Five years after Fox canceled it, David Cohen and Matt Groening's Futurama returns on Comedy Central.
  • The new shows — four features split into 16 22-minute episodes — are also being released on four DVDs starting November 27.
  • Fox shuffled the show during its four seasons, and ratings dropped.
  • Added to those four years, reruns and DVD sales earned over $100 million, estimates a writer.
  • Creators are David X. Cohen and Matt Groening.
  • Groening, Simpsons creator, still draws a weekly comic strip called Life in Hell. He has never seen any Star Trek.
  • Cohen is a Trekkie, invented "Worst. Episode. Ever," and loves sci-fi.
  • Futurama is about pandering to the elite audience. Cohen checks the web to see fans discover hidden jokes; then he makes the jokes harder.

Your DNA Decoded

  • A thousand-dollar test tells you what diseases your genes predispose you to, as well as other factors.
  • In the future, we'll use genetic information to plan our lives, and we could live an extra ten years.
  • 23andMe, founded by Anne Wojcicki, wife of Google cofounder Sergey Brin, will give people their genetic info and build a database for research. Google invested $3.9 million.
  • FedEx 23andMe a ten-minute wad of spit, and view your results online in under a month.
  • There's still much to learn about which combinations of genes cause what conditions.
  • It cost the Human Genome Project $3 billion to map an entire genome in 2003; it's about $250,000 now.
  • Disease isn't solved yet; half of heart disease cases aren't explained by known risk factors.

Chat: Rich Barton, Zillow

  • The housing crunch makes Zillow's algorithmic house appraisal more useful.
  • Selling houses is no longer binary: homeowners can name a "make me move" price.

The Bone Factory

  • Many medical skeletons are illegally shipped overseas. India has long been the biggest exporter.
  • The country banned exporting human remains in 1985, but the black market thrives.
  • India banned exports after a bone trader with 1500 child skeletons was suspected of kidnapping and killing the children.
  • Skeletons are vital for medical schools.
  • Example process: Corpses are taken from funeral pyres or graves, anchored in a river where they're eaten to mush and bone, scrubbed, sunbleached, and sanitized.

The Secrets of Silicon Valley

  • "Ted," founder of TheFunded.com (where startuppers rate venture capital firms), is Adeo Ressi.
  • Ressi, a self-promoter, made millions with 90s dot-coms, then started an online gaming platform Game Trust, which was taken over by investors.
  • Ressi started TheFunded in response, getting friends like Weblogs Inc. founder Jason Calacanis to tell stories.
  • When firms started invading TheFunded, Ressi banned shills to keep ratings real.
  • Angel investments are surpassing VC money; hedge funds offer a low-maintenance alternative. VCs have to emphasize "customer service."

Nick Douglas writes at Valleywag, Too Much Nick, and Look Shiny. He would, in fact, read that magazine if you paid him to.

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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 <![CDATA[Gates isn't selling]]> According to Nathan Weinberg, Bill Gates checks the value of his house on property appraisal site Zillow, which values the sprawling estate iin excess of $130 million, but Gates says, "If you bid that number on my house I won't sell it to you." If Gates isn't selling, It demonstrates Zillow's value, not only as a buying or selling tool, but also as a reaffirmation of one's own value... whether it is underpriced, overpriced, or just right.]]> http://gawker.com/index.php?op=postcommentfeed&postId=259016&view=rss&microfeed=true <![CDATA[Activist coalition says Zillow.com is racist]]>

The National Community Reinvestment Coalition has accused real-estate valuation site Zillow of publishing more inaccurate valuations for homes in black- and Latino-dominated neighborhoods, says the New York Times. Zillow denies the charges.

The brilliant bit is that Zillow's best defense is, "Our system is inaccurate all over," only slightly mitigated by their other defense, "These numbers aren't serious estimates."

Like most free-information sites — like Wikipedia, Google, or uppity tech blogs — Zillow secretly thrives on overconfident users. ("I'll tell my renters the property's worth more! I saw it on Zillow!") If this accusation hurts Zillow's credibility, it'll be because Zillow fought it off too well.

A Home Valuation Web Site Is Accused of Discrimination [NY Times]

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<![CDATA[Morning news: Steve Case is sorry, five years after that means anything]]>
  • AMD (Advanced Micro Devices) pays $5.4 billion for ATI Technologies, which is about 5 times the fake valuation of YouTube and twice the fake valuation of Facebook. [NYT]
  • One more score for the tiered Internet. The quality of the average Voice-over-IP call is falling, and not just because of the Vonage operator breathing heavily in the background. [CNET]
  • AOL co-founder Steve Case tells Charlie Rose, "Yes, I'm sorry I did it," about merging with Time Warner in 2001. A quick check with every executive at AOL says yeah, they're sorry he did it too. [Reuters]
  • Real estate site Zillow, another tool for pretending your house is worth more than it is, takes $25 million in its second round of funding. It has yet to make a profit. [SiliconBeat]
  • A judge considers a $90 million Google clickfraud lawsuit; if advertisers win, they get credits to advertise with Google, thus ensuring a gravy train of recursive clickfraud lawsuits for life. [BusinessWeek]
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    <![CDATA[Zillow heat-maps Valley land prices]]>

    The Zillow real estate site won me over from day one by mapping house prices for every zip code and address (even if it grossly underpriced the Japanese villa of Oracle's Larry Ellison). So when the developers made a heat map of San Francisco real estate rates, I asked them to stretch that map across the whole Valley. They answered with the giant map here — stretch the window to enlarge it, or view it full-size.

    Check out the peninsula — what should we call that band of red streaking across Atherton? And the deep purple pool of San Jose proves what we all knew: No one really wants to be in San Jose.

    Cool data on what's hot [Zillow blog]
    Update after the jump.

    UPDATE: Amy Bohutinsky at Zillow says:

    Fyi — Ellison's Japanese-style home is the one in Atherton. Currently listed for $16M (recently lowered from $25M). http://www.apr.com/DesktopDefault.aspx?pageid=17&pagealias=Detail&Listin gID=40135130

    Zestimate is $17.9M:
    http://www.zillow.com/search/Search.htm?mode=search&zpid=15593718

    But... In general we are always going to be less accurate at first glance for homes on the extreme high end. Couple of reasons for that:
    1) Our Zestimate algorithm looks at recent sales of comparable homes to estimate what a home may be worth today. When you get that high, we're going to have many fewer homes to compare with.
    2) Most homeowners like Larry probably have done some extensive renovations or additions since the last sale that we may not know about. So he would have to use the "My Zestimator" tool to factor these in for a more accurate value.

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    <![CDATA[I almost feel sorry for Jon Schwartz. Almost.]]> Jonathan Schwartz - ValleywagAll day I've fielded comments about Jon Schwartz, Sun's new CEO. One reader said:

    My coworkers who don't read VW (yet) nonetheless all hit on the same topic this morning:

    "Did you see the Sun's new —-"
    "Ponytail, yeah."

    He gets that all the time, surely. But people have hit where it hurts (or would hurt if My Little Ponytail or any of his cohorts cared about some snarky blog).

    Readers and commenters balked at his recommendation that GM use free cars as loss leaders for the OnStar service (what's wrong with that? Cars are exactly like software, right?).

    Two commenters agreed that Schwartz is just a placeholder until the board sells Sun, so don't get too attached.

    But the best news? According to a ZABA search, Schwartz (that's Jonathan I, age 40) lives in the heart of Noe Valley. And according to Zillow, his house is worth $2 mil:

    schwartz-zillow.jpg

    Jonathan Schwartzes in CA [Zaba search]
    700 Noe St., SF, CA [Zillow]
    Earlier: Sun's Jon Schwartz wants to be indie [Valleywag]
    And: Jon Schwartz is a Noe poser [Valleywag]

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    <![CDATA[Eric Schmidt's house is worth $3 million]]> Got a few million and looking for a CEO home to buy? Good luck getting these guys to sell their mansions, but Zillow at least lets you know the estimated values. And, well, either the estimations suck, or Larry Ellison is content with much less in Woodside than his old Atherton place.

    The man The pad The price
    Eric Schmidt
    CEO, Google
    366 Walsh Road
    Atherton, CA
    $3,435,320
    Larry Ellison
    Founder, Oracle
    750 Mountain Home Road
    Woodside, CA
    $3,500,671
    John Chambers
    CEO, Cisco
    27800 Via Feliz
    Los Altos Hills, CA 94022
    $4,849,385
    Bruce Dunlevie
    VC partner, Benchmark
    80 Santiago Ave
    Atherton, CA 94027-5413
    $5,637,067
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    <![CDATA[Zillow down on Day 1, gods toying with gossipers]]> Gossip bloggers and jealous startup founders rejoice: Zillow.com estimates house prices of homes nation-wide. Or at least it will. The site went live at midnight, but the site's down right now — must be getting hit hard by Larry Ellison's accountant keeping tabs on his client. I'll keep a finger on F5 and have real estate info for you as soon as Zillow's up. In the meantime, enjoy a snipe from Property Shark CEO Ryan Slack:

    My understanding is that Zillow is out to disintermediate the broker and real estate salesperson, attempting to devalue the broker's Comparable Market Analysis by providing an instant valuation of sorts.

    Oh, he's just pissed that Zillow includes all the uncool cities.

    Update: Zillow is live. We'll have a treat for you soon.

    Manhattan Swept Up In Zillow s Midnight Ride [NYO]
    PropertyShark.com Plots Home Sale-Prices on Maps to Empower Brokers [Press release]

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