Spencer Rascoff | |
---|---|
Born | October 24, 1975 |
Education | Harvard University |
Occupation | Chief executive officer of Match Group |
Notable work | Co-founder of Zillow Group, Pacaso, and Hotwire.com |
Spencer Rascoff (born October 24, 1975) is an American entrepreneur and businessman. He is the co-founder and former chief executive officer of Zillow Group, as well as one of the co-founders of Hotwire.com. Rascoff was on the board of directors of Palantir.
Rascoff is Jewish. He was born to Jane and Joseph Rascoff. His father was a business manager and tour producer for numerous well known musicians including The Rolling Stones, U2, and Paul Simon. [1] Rascoff grew up in New York and then Los Angeles, where he attended Harvard-Westlake. He received a degree in 1997 from Harvard University. [2]
After graduating from college, Rascoff worked as a private equity investor at TPG Capital and also as an investment banker at Goldman Sachs. [3]
In 1999, at the age of 24, Rascoff co-founded Hotwire.com, a leading Internet travel company, which a few years later was sold to InterActiveCorp for $685 million. Rascoff then served as vice president of lodging for Expedia before leaving to co-found Zillow. [4]
Rascoff served various roles through the years including chief operating officer, chief financial officer, and VP of Marketing until his appointment to CEO in 2010. [5] As CEO, Rascoff led Zillow through its 2011 IPO and 15 acquisitions. In 2017, Rascoff was named "The Most Powerful Person in Residential Real Estate" by the Swanepoel Power 200. [6] Rascoff stepped down from his CEO position in February 2019. [7] In April 2020, Rascoff resigned from Zillow's board of directors. [8] [9]
In January 2020, Rascoff co-founded dot.la, a news site for the California tech startup industry. [10] After a couple of years the company fired most of their employees and pivoted to a weekly newsletter.
In October 2020, Rascoff co-founded Pacaso alongside Austin Allison. Pacaso is positioned as a real estate platform that makes second home ownership more accessible through shared ownership. [11] Pacaso has been described by some as an alternative take on the timeshare model of property ownership. [12] [13] [14]
In June 2021, Rascoff co-founded Recon Food with his daughter, Sophia Rascoff. The app uses technology to search a user's camera roll for all previous food-related photos and automatically upload them to the app. [15]
In February 2025, Rascoff was appointed Chief Executive Officer of Match Group by the board of directors. [16]
In 2015, he co-wrote and published his first book, “Zillow Talk: Rewriting the Rules of Real Estate.” [17]
In 2020, Rascoff held the position of Visiting Executive Professor at Harvard Business School where he co-created and co-taught the “Managing Tech Ventures” course. [18]