Connect with us

Hi, what are you looking for?

The American GeniusThe American Genius

Housing News

Trulia adds high caliber senior management – ramping up for IPO?

New talent added

We have long predicted (and awaited) the announcement of Trulia launching an initial public offering (IPO) and while they have yet to make any announcements, it appears that their two most recent hires are a clear indicator that the company is ramping up for an IPO filing, perhaps in 2012, although they have not and cannot confirm, but unlike various competitors, they have not made it a point to deny the possibility of going public.

Today, two key appointments include Sean Aggarwal as the new Chief Financial Officer and Scott Darling as General Counsel, both of whom have experience in scaling companies, signaling preparations for going public. “As Silicon Valley veterans who’ve played crucial roles in other fast-growing tech companies, Sean and Scott will immediately play a crucial role in helping Trulia navigate an exciting, new path at rapid speed,” Trulia’s Head of Communications, Ken Shuman told AGBeat.

Aggarwal was formerly the VP of finance at PayPal and was an integral part of making PayPal a global brand, and prior to PayPal, he helped accelerate Amazon.com’s earnings exponentially. Prior to Amazon, Aggarwal was at PepsiCo, served as a CFO of a mobile web startup and founded an enterprise software startup, originally starting his career at Merrill Lynch.

Darling is the former VP and General Counsel of Imperva, and was previously a Senior Attorney at Microsoft and spent several years as VP and General Counsel of software company Danger, Inc. Darling is a Yale graduate and earned his JD from the University of Michigan Law School.

Advertisement. Scroll to continue reading.

Accelerating growth

“Sean and Scott are both technology veterans that have played crucial roles in fast growth companies. Our business has doubled in the last 12 months, and I expect their impact and insights will immediately help us navigate an exciting path at rapid speed,” said Pete Flint, CEO and co-founder of Trulia. “As a company we have ambitious goals in 2012 and I believe our new additions have us perfectly positioned for a big year ahead.”

Trulia has spent the last year adding top talent to senior management, namely Paul Levine as COO and Sami Inkinen (Trulia co-founder) who was moved into the role of President. Additionally, they added Chief Economist and Head of Analytics, Dr. Jed Kolko, their first staff economist. Trulia says these additions have been part of their accelerated their growth, saying they averaged 16.5 million unique visitors per month in the third quarter.

While their growth is obvious, it will be interesting to watch how the company spins/reconciles their long held stance that they are the underdogs and celebrate startup culture versus being a public company traded on the stock market.

Advertisement. Scroll to continue reading.

Lani is the COO and News Director at The American Genius, has co-authored a book, co-founded BASHH, Austin Digital Jobs, Remote Digital Jobs, and is a seasoned business writer and editorialist with a penchant for the irreverent.

16 Comments

Leave a Reply

Your email address will not be published.

The
American Genius
news neatly in your inbox

Subscribe to our mailing list for news sent straight to your email inbox.

Advertisement

KEEP READING!

Business News

(BUSINESS NEWS) As job searching continues to go global, a deeper understanding of the employment mindset is needed.

Opinion Editorials

(Editorial) While the industry reflects on Zillow's acquisition of Trulia, one research firm cites potential anti-trust blood that could be on the companies' hands.

Housing News

After the housing market completely crashed, many of us remain braced for the next shoe to fall, but should we be freaked out or...

Business News

(Business News) Trulia welcomes ActiveRain into their fold in an official way, which they say will offer agents even more exposure.

The American Genius is a strong news voice in the entrepreneur and tech world, offering meaningful, concise insight into emerging technologies, the digital economy, best practices, and a shifting business culture. We refuse to publish fluff, and our readers rely on us for inspiring action. Copyright © 2005-2022, The American Genius, LLC.