As you probably know, Zillow will be going public with an IPO later this year. They made a few headlines today (TechCrunch, GeekWire, TechFlash) with an annoucement that their initial target stock price will be $16-$18, putting the company’s valuation at $485 million.
So here’s a weekend conversation starter for you: Will you be buying Zillow when they hit the public markets? Why or why not? What do you think of the $485 million valuation? Does Zillow provide enough value to become a viable long-term company? What will they look like in 5 years?