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Zillow's CEO ditched Microsoft for a ‘money-losing real estate startup’—and credits his career success to Steve Jobs' Apple App Store launch
Zillow CEO Jeremy Wacksman left his cushy Microsoft job in 2009 to join the struggling real estate startup during the housing crisis. His friends had concerns—but he turned it around, thanks in part to Steve Jobs
Zillow CEO Jeremy Wacksman left his cushy Microsoft job in 2009 for the “money-losing real estate startup.” In the thick of the U.S. housing crisis, his friends told him he’d never make money. One of the most pivotal moments for the $17 billion real-estate marketplace came shortly after Wacksman joined the business as the VP of marketing and product: Apple was finally taking websites mobile with apps for the iPhone. “Six months after I got here, Steve Jobs launched the App Store on the iPhone, and it became clear that this company that had 100-plus people and was a great desktop website needed to go into mobile,” Wacksman recalled to Fortune ’s Kristin Stoller and Diane Brady.
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