
Real estate listings site Zillow has just
filed additional documents with the SEC indicating the initial range for the company's upcoming IPO. Zillow's price range will start at $12 to $14 per share, giving the company a $378 million valuation. The company aims to raise as much as $55.7 million in the IPO. Zillow will begin trading under the symbol "Z" on the NASDAQ. Zillow, which initially filed its
S-1 in April, currently lists over 100 million U.S. homes, including homes for sale, homes for rent and homes not currently on the market. Zillow
launched a mortgage marketplace in 2008, and subsequently expanded into
rentals and
mobile.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/uwqvGIxjMk8/
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