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Zillow is making a big bet on flipping homes

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Zillow is making a big bet on flipping homes. Its new CEO could 'make this gamble work': RBC's Mahaney

  • "[Rich Barton has] a huge track record, and when the news came out that he was coming back to be the CEO that's what really took the stock up," RBC's Mark Mahaney says.
  • The internet analyst is still skeptical about their home-flipping plan. "I want to see him bring his magic back to the company before we get constructive on the shares," he says.
  • But, he says, "If anybody can make this gamble work, it's Rich Barton."

 

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