Zillow is having a good August.
After the real estate technology company announced better-than-expected earnings numbers, its stock soared by almost $14 per share. The boost probably made a lot of investors happy, but the collateral impact was that it also pushed Zillow’s market capitalization — or the company’s value — into the neighborhood of $18 billion.
That’s a massive number that far outstrips any of Zillow’s competitors, and it raises some interesting questions: What role does Zillow have to play in the world of technology giants? And where does it’s massive size take it next?
To answer these questions its worth considering just how much larger Zillow’s valuation is than other large real estate firms.
