Entrepreneurs on Fire

Changing the Way We Own Homes with Spencer Rascoff

8 snips
Jan 21, 2025
Spencer Rascoff, a serial entrepreneur and former CEO of Zillow, shares his journey of transforming home ownership. He discusses the innovative shared ownership model of luxury vacation homes through his venture, Pacaso. Rascoff emphasizes the necessity of passion and teamwork in overcoming startup challenges. He also touches on modern funding strategies like Regulation A that democratize investments. With his wealth of experience, he inspires listeners to surround themselves with talented individuals for true entrepreneurial success.
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ADVICE

Passion in Startups

  • When starting something new, prioritize passion.
  • Passion helps overcome the inevitable challenges of starting a venture.
ANECDOTE

Hotwire's Origin

  • Spencer Rascoff co-founded Hotwire at 23, focusing on discount travel.
  • It partnered with six airlines and faced the challenge of 9/11.
ANECDOTE

Zillow's Birth

  • Zillow's idea came from the founders' own frustrating home-buying experiences.
  • The Zestimate feature, showing home values, drove initial virality and success.
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