There aren't that many Internet companies going public," said Sam Hamadeh, chief executive officer of PrivCo? The overall global economy is not growing and I think investors are desperate for what is growing. And the only thing that's growing are Internet companies. As the Chron covers the new IPO territory with Zillow's successful offering this week, we think the trickle-down is that realtors everywhere must be thrilled by the prospect of all those newly-minted millionaires in the pipeline. Along with sidelined sellers who've kept their properties off the market for fear of taking a beating. Even as the Zillow, the third most popular real estate site, is dwarfed by the potential of Facebook. Baby steps, people, baby steps. [SF Gate]
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