Former Trulia CEO Pete Flint leads investment round in Instashowing
Flint, who today is a general partner at venture capital firm NFX, led the funding round, which poured $1.5 million into Instashowing. Other participants included Ferry, along with Howard Hanna Real Estate Services President Howard W. “Hoby” Hanna, IV, former Contractually CEO Zvi Band, former dotloop CEO Austin Allison, and Greg Schwartz, founder, and CEO of real estate technology startup Tomo.
Last week when it was announced that former Zillow CEO, Spencer Rascoff was investing in Offerpad, a rival to Zillow’s iBuying efforts, it raised a lot of eyebrows and questions about his motives and relationship with his former employer. Now 3 (Pete Flint, Greg Schwartz, and Austin Allison) other former Zillow execs are joining the pile-on and investing in another company that competes against Zillow’s newest acquisition ShowingTime.
Talk about bad blood!
No matter the amount of wringing hands and gnashing teeth, competition always wins. Gotta love the free market.