Spencer Rascoff

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Co-Founder of Pacaso and Recon Food, Angel Investor, Former CEO of Zillow Group

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    Spencer Rascoff: Biography at a Glance

    • Spencer Rascoff is currently Chair and co-founder of Pacaso, a split-ownership real estate platform that became the fastest US company to reach a $1 billion valuation - just six months after its launch.
    • He is the former CEO of Zillow Group, who oversaw a dominating portfolio of consumer brands including Zillow, Trulia, StreetEasy, HotPads, Naked Apartments, and RealEstate.com
    • During Spencer’s time as CEO, Zillow won dozens of “best places to work” awards as it grew to over 4,500 employees, $3 billion in revenue, and $10 billion in market capitalization.
    • Spencer is an active angel investor in more than 75 companies and is incubating several more through his startup studio and venture capital firm, 75 & Sunny.
    • His first book, Zillow Talk: Rewriting the Rules of Real Estate, rapidly became a New York Times best-seller
    • Spencer is the host of Office Hours, a podcast featuring candid conversations between prominent executives on leadership, diversity and inclusion, and startups.
    • Spencer and his teenage daughter developed food-centric social media app, Recon Food, a positive space for users to connect and share their love of food.

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    Biography

    Spencer Rascoff is an entrepreneur and company leader who co-founded Zillow, Hotwire, dot.LA, Pacaso, and Supernova, and who served as Zillow's CEO for a decade. During Spencer’s time as CEO, Zillow won dozens of “best places to work” awards as it grew to over 4,500 employees, $3 billion in revenue, and $10 billion in market capitalization. Prior to Zillow, Spencer co-founded and was VP Corporate Development of Hotwire, which was sold to Expedia for $685 million in 2003.

    Through his startup studio and venture capital firm, 75 & Sunny, Spencer is an active angel investor in more than 75 companies and is incubating several more. He serves as executive chairman of dot.LA, a news site covering the Los Angeles tech scene. He is also co-founder and chairman of Pacaso, the real estate company pioneering a new way to own a second home. He is co-chair of Supernova, a family of Special Purpose Acquisition Companies, which take public great private companies. Supernova I merged with Offerpad, a leading real estate company, in Fall 2021, and Supernova II is in the process of merging with quantum computing company Rigetti Computing. Spencer is on the Board of Directors of Palantir and is a former Board member of Zillow Group (Nasdaq: ZG), TripAdvisor (Nasdaq: TRIP), Zulily (Nasdaq: ZU), Julep, and several other tech companies. He is on the Board of Advisors for PledgeLA, a coalition working to increase diversity, equity, and community engagement in LA’s tech community.

    In fall 2019 Spencer was a Visiting Executive Professor at Harvard Business School where he co-created and co-taught the “Managing Tech Ventures” course. In 2015, Spencer co-wrote and published the New York Times’ Best Seller “Zillow Talk: Rewriting the Rules of Real Estate.” Spencer is the host of "Office Hours,” a podcast featuring candid conversations between prominent executives on leadership, diversity and inclusion, and startups. Before his consumer web career, Spencer worked in investment banking at Goldman Sachs and in private equity at TPG Capital. He is also a member of the Young Presidents’ Organization. Spencer graduated cum laude from Harvard University.

    Topics

    Leadership & Management
    Corporate Culture
    Entrepreneurship
    Venture Capital
    IPO's
    Emerging Technology & Tech Companies
    Social Media
    Real Estate
    U.S. Economy

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