Terabitz To Expand Beyond Home Searches Today

I didn’t really find it that useful myself…guess because I was just testing really didn’t need it for any type of project or actual solution.

$10M doesn’t buy you a whole lot these days.

This trend of parents who claim their kids are founder is an annoying marketing gimmick.

What’s a 15year old doing visiting real estate sites?

Come on…

I like the idea and the site. It definately needs some polish and more complete information. Some of the home information in various areas (especially here in Oregon) seems to be missing. I wouldn’t mind seeing a module from Zillow in there (unless they are viewed as a direct competitor).

12 + 30 employees makes 42, not 32.

Quote from Michael Arrington:
“The company has 32 employees (12 in the U.S., 30 in India).”

Ehm, pssst, Michael, hey, 12 plus 30 is 42.

Not a bad idea but the information seems very incomplete. I tested it on my area and a lot of items are missing. For example, the house across the street from me has been for sale for several month, but doesn’t show up in the MLS listings.

Needs work.

Mike Arrington fails math.

I agree with Mike. I think they need to do a better job with data validation. In addition to being incomplete, they also seem to show a fairly large number of listings for homes that are no longer on the market.

“Ehm, pssst, Michael, hey, 12 plus 30 is 42.”

that kind of old line thinking would never foster innovation here in the ‘valley’.

WTF.

Eric Marcoullier is spot on. Yahoo paid $10m for a small java script widget site mybloglog.com with virtually no technology and a community that is lucky if it was more than 50k users.

$10m doesn’t buy much these days.

I’m not sure how a second-rate real estate app like Terabitz gets written up 2x on TechCrunch in one summer. Mind boggling really, as there are a lot of other great innovative real estate apps out there that don’t get any attention.

slow news day. Lame product.

So they are going to take google’s map data, add their own data (which looks like it gets scraped from someone else as well), and then re-brand it with their name? Sounds a little crooked to me. I like mashups and what they are doing from a user perspective, but when all your data is coming from other sources what do you really have? If I were one of the companies having their data scraped and used I don’t think I’d be too happy with that.

I like the d&d interface for different types of businesses along with the homes for sale / rent. I did run into bugs, like one pin on the map for all twenty data points when there should have been twenty, and as someone else mentioned the data quality isn’t that great. Showing 70% of the homes for sale isn’t that useful in a real estate search site. The data sourcing and quality is the part they need to spend time on. Liked the features but wouldn’t use it because of that.

Ashfaq Munshi has a good track record .. infact back in da day he sold SpecialtyMD.com, for $110 million.

Ashfaq Munshi is the CEO of Level5 Networks. Ash brings a unique mix of 20 years of entrepreneurship, engineering, marketing, and management experience to Level 5 Networks. In addition to his current CEO position at Level 5 Networks, Ash has founded four other Silicon Valley companies: Radiance, Vivecon (where he currently serves on the Board), SpecialtyMD (acquired by Ventro), and Commerce Engine (became Ariba).

Earlier in his career, Ash served as a corporate vice president at Applied Materials, where he was responsible for software and automation. Prior to Applied Materials, Ash was Vice President and General Manager of the Enterprise Business Unit at SGI. Ash began his executive career at Oracle Corporation where he was director of development and marketing.

so…

Ian -

Look closely at the Financing tab; Zestimate values are available via Zillow’s open API. More details on the API here: http://www.zillow.com/howto/api/APIOverview.htm

Erik -

Word!

We are working feverishly to go region by region around the country and get property listings so that the site has accurate data. Today’s entry is about a toolkit that allows one to embed all the neighborhood and local information relative to a location on a webpage. By the way, we have licensed a variety of data from our partners.

Thanks Erik!

@3, lol - i agree

but hey, alls fair in love and war.
if it works for them, good for them.

Concept sounds similar to wikimapia
http://vidsonly.blogspot.com

Just checked TC40 for videos, nope, looks like Demo will have the videos out before TC, no surprise, the whole event was so poorly organized and executed

Just to clarify, TC40 was a whopping success despite being poorly organized and executed…it just could have been so much more

@vanG I think it was more like 40K users at the time of acquisition. I think it was the 200M cookied users that set the valuation.

theSaint: I couldn’t agree more. It makes me laugh everytime I see something like that.

Sounds like none of Erik’s ventures are getting any love………now what are they called again??

Great stuff

Micheal-thanks for the post on a great product. I guess the TechCrunch crowd is little cynical and pissy! Anyway, they have raised 10M and spent maybe 4M. The widget world with drag and drop is the ultimate UI vehicle to display unlimited data on a Map and Terabitz has figured it out. Terabitz’s total above the fold view with ability to create unlimited bitz or widgets from unlimited data API’s is genius. There’s alot more to this site then meets the eye.

Thanks for this post. This is why I’m glad I read TechCrunch. Like so many others, I came with the wild hopes of getting featured, but stayed for the articles.

These guys were off our radar totally. Their product is similar to that of a lot of US-based startups in the real estate market.

Ironic that the Indians are doing a US startup, as we are moving into India next month. That’s the difference between rolling in ten million, and bootstrapping it (we have so far raised just over $1,000, from my ex-wife).