Zillow Updates S1
Zillow has updated its paperwork for a possible IPO for the second time. The online real-estate company added some traffic numbers for May—as Brier Dudley at The Seattle Times points out, it’s monthly growth of about 10 percent, to 22 million unique visitors for its website and mobile apps. Zillow notes that’s about 102 percent year-over-year. Zillow also has granted more stock options. Its new filing lists 630,912 options of Class A common stock granted May 23, at an exercise price of $1.87, based on a new valuation performed May 20. May 23 was also the date of the company’s first amended version of its IPO paperwork, but these options weren’t listed in that version.