Pete Flint

Pete Flint
Born July 25, 1974 (1974-07-25) (age 42)
Essex, UK
Nationality British
Alma mater Oxford University, Stanford Graduate School of Business
Occupation Entrepreneur Internet Executive Investor
Employer Founder at Trulia, Board of Directors at Zillow
Known for Founding Trulia, early employee at lastminute.com
Spouse(s) Married, 2 children
Website www.zillowgroup.com

Pete Flint (born July 25, 1974) is a British Internet Entrepreneur and Investor based in San Francisco. He is the Founder and former Chairman and CEO of Trulia. Formerly he worked as Head of Global Business Development for lastminute.com until July 2003 joining them as one of their first employees.

Education and early career

Flint earned a First Class Bachelor’s degree and Masters in Physics from Oxford University[1] and an MBA from the Stanford Graduate School of Business.[2]

Shortly after graduating from Oxford University, Flint joined Brent Hoberman and Martha Lane Fox as one of the first employees at lastminute.com. He had previously worked alongside Hoberman at LineOne, a joint venture between New International and British Telecom, where Flint worked for less than a year.[3]

Flint spent five years at lastminute.com helping to scale the company from a business plan to a public company with 2000 employees and operations in 11 countries, Flint left lastminute.com to attend Stanford Graduate School of Business in 2003. lastminute.com was acquired by Sabre Group for $1.1Bn in cash in 2005.[4]

Trulia

Flint conceived of Trulia in 2004 while he was between the first and second year of his MBA course at Stanford while looking for off campus housing.[5] He observed that consumer usage to research real estate was growing rapidly, yet all the major websites in the category were not focused on delivering a compelling consumer experience and failed to provide compelling advertising products to tap into the billions of dollars that were being spent on real estate newspaper classified advertising.[6] Flint wrote the original business plan while at Stanford. Flint recruited a team of Stanford students to turn Flint’s original business plan into a company, of the original students that worked on the project, Sami Inkinen joined Flint to incorporate the company in June 2005.[7]

Flint scaled Trulia to become one of the leading online real estate companies in the US, raising $33M[8] in Venture Capital from Accel Partners and Sequoia Capital,[9] taking the company public with an IPO [10] on the NYSE in September 2012. Trulia was acquired by Zillow for $3.5Bn in 2014.[11]

Investor

Flint is an active angel investor and advisor to consumer Internet and marketplace businesses.[12]

Recognition

In 2014, Flint was named a Finalist in Ernst & Young Entrepreneur of the Year.[13] One of Fortune Magazine's top tech disrupters.[14] Most admired CEO in the San Francisco Bay Area according to the San Francisco Business Times. [15] One of Forbes's Magazine's Most Powerful CEOs Under 40.[16] Flint has been named as one of the 100 most influential people in real estate by Inman magazine in 2008-2014.[17] One of the most powerful people in real estate in Swanepoel Power 200[18]

References

  1. David Goldman (2014). "Trulia: US property search website" (PDF). Floreat Magdalena.
  2. Richard Feloni and Drake Baer (September 9, 2014). "The 25 Most Successful Stanford Business School Graduates". Business Insider.
  3. http://www.mercurynews.com/ci_21811772/mercury-news-interview-trulia-ceo-peter-flint
  4. "Sabre to Buy British Online Travel Firm Lastminute.com". Los Angeles Times. May 13, 2005.
  5. http://www.ft.com/cms/s/0/9db12abc-3b09-11e3-87fa-00144feab7de.html#axzz3ItzOEKnM
  6. Needleman, Sarah E. (July 17, 2013). "Trulia CEO says aspiring entrepreneurs need to be customer-obsessed and the very best in their industry". The Wall Street Journal.
  7. http://ir.trulia.com/phoenix.zhtml?c=251458&p=irol-faq
  8. http://www.crunchbase.com/organization/trulia
  9. http://techcrunch.com/2007/05/24/sequoia-leads-trulias-10-million-series-c/
  10. Benoit, David; Dietrich, Chris (September 20, 2012). "Trulia IPO Opens Up 30%, Leading IPO Wave". The Wall Street Journal.
  11. Cao, Jing (July 28, 2014). "Zillow to Acquire Trulia for $3.5 Billion in Stock". Bloomberg.
  12. http://www.propertyportalwatch.com/2014/08/trulias-pete-flint-backs-australias-openagent/
  13. http://finance.yahoo.com/news/trulia-ceo-founder-pete-flint-200000198.html
  14. http://archive.fortune.com/galleries/2012/technology/1207/gallery.brainstorm-tech-conference.fortune/18.html
  15. http://www.bizjournals.com/sanfrancisco/event/37451. Missing or empty |title= (help)
  16. Smith, Jacquelyn. "No. 18 Peter Flint - In Photos: America's Most Powerful CEOs 40 And Under". Forbes.
  17. http://www.marketwatch.com/story/inman-news-names-trulia-ceo-pete-flint-innovator-of-the-year-2013-07-12
  18. http://www.swanepoel.com/power200/2014-shortlist
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