Clarification: Zillow Is Profitable
- June 13, 2012
The June 12 Online Media Daily commentary "You've Got Users, But Do You Have A Revenue Model?" noted that large Internet properties such as LinkedIn, Zynga, Zillow and Facebook have gone public. It said they have large user bases, but are not always profitable businesses -- at least not yet. There was no suggestion that Zillow was not profitable. According to Zillow, its Q1 2012 revenue was up 103% to $22.8 million.
Jay T from Zillow here.
Sorry, but I'm completely confused now. The headline here says, "Clarification: Zillow Is Profitable," but the copy in the body refers to Zynga (twice). Yet the numbers quoted exactly match Zillow's Q1 numbers.
Zillow, Zynga. It's confuzing.
Perhaps a clarification to the clarification is warranted? ;)