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#GDSummit#GDSummit
Keynote Presentation:
Transparent Leadership
Spencer  Rascoff
CEO,  Zillow  Group
@SpencerRascoff
#GDSummit
“A  CEO  does  only  three  things:
1) Sets  the  overall  vision  and  strategy  of  the  company  and  communicates  it  to  
all  stakeholders.    
2) Recruits,  hires,  and  retains  the  very  best  talent  for  the  company.
3) Makes  sure  there  is  always  enough  cash  in  the  bank.”
-­ Fred  Wilson,  Venture  Capitalist
#GDSummit
EMPOWERMENT
#GDSummit
Align everyone behind a mission
Our  Mission:  Power  to  the  people,  build  the  world’s  largest,  
most  trusted  and  vibrant  home-­related  marketplace.
#GDSummit
Define what you stand for
Move  Fast.  Think  Big.
Turn  On the  Lights.
Z is  a  Team Sport.  
Own it.
Winning is  Fun.
ZILLOW  GROUP  CORE  VALUES
#GDSummit
Establish a common language
Beth  the  Buyer
Rachel  the  Renter
Who  do  you  come  to  work  for  every  day?
#GDSummit
Unify the company in a single, focused effort
In  2011,  we  called  a  company-­wide  
play  on  mobile.  
Today,  we  capture  72  percent  of  all  
mobile-­only  traffic  in  the  real  
estate  category.
Plays  work.
#GDSummit
Other ways we empower our people…
HACK  WEEK:  Encourage  
innovation  for  the  sake  of  it.
INTERACTION:  Remove  doors…  
and  sometimes,  chairs  as  well.
#GDSummit
Make decisions driven by data
Zillow  Group  is  a  consensus-­driven  data  meritocracy.
#GDSummit
ACCESSIBILITY
#GDSummit
Being a social CEO
#GDSummit
Engaging investors in a new way
#GDSummit
Positioning Zillow Group as a leader
#GDSummit
Everything ties back to recruiting
#GDSummit
HONESTY
#GDSummit
Upside of being public? One clear message.
I  am  in  constant  communications  mode.
#GDSummit
As a CEO, you must also be honest with yourself
Trailblazers  aren’t  always  the  best  settlers.
#GDSummit
Using your bench – playing your star players
#GDSummit
The full formula to being a transparent CEO
1
Set the overall vision and strategy of
the company and communicate it to
all stakeholders.
2
Recruit, hire, and retain the very best
talent for the company.
3
Make sure there is always enough
cash in the bank.
EMPOWERMENT
ACCESSIBILITY
HONESTY
#GDSummit
#GDSummit#GDSummit
Thank You!
Questions? Ask #GDSummit
Spencer  Rascoff
CEO,  Zillow  Group
@SpencerRascoff

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