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TheStreet Open House

Zillow Founder And Executive Chairman Rich Barton Appointed Presidential Ambassador For Global Entrepreneurship

SEATTLE and WASHINGTON, April 7, 2014 (GLOBE NEWSWIRE) -- Zillow, Inc. (Nasdaq:Z), the leading real estate and home-related marketplace, today announced Rich Barton, the company's co-founder and Executive Chairman, has been named an inaugural member of the Presidential Ambassadors for Global Entrepreneurship (PAGE). Barton, who also founded Expedia and co-founded Glassdoor and Trover, is one of 11 PAGE members announced by the Department of Commerce earlier today. Barton is participating in PAGE kick-off meetings in the nation's capital today with a number of officials, including U.S. Secretary of Commerce Penny Pritzker, U.S. Agency for International Development (USAID) Administrator Rajiv Shah, and other inaugural PAGE members.

"I am excited to work with some of America's most dynamic businesspeople to inspire the next generation of entrepreneurs in the U.S. and around the world," said Secretary Pritzker. "America's entrepreneurial spirit has always been a key driver of our economic growth and success. Through this group, we will take what we know about transforming innovative ideas into thriving companies and share that knowledge around the country and the world.

"Beyond generating tremendous economic and employment benefits at home, our entrepreneurial spirit is also one of America's greatest exports. Not only are our entrepreneurs broadly recognized and admired, but all over the world countries are eager to replicate American practices of embracing and learning from failure; networking, teaching, and encouraging creativity; and creating entrepreneur-friendly regulatory environments. Through their work, the Presidential Ambassadors for Global Entrepreneurship will seek to increase the number of successful startups in the U.S. and around the globe, spurring economic growth and job creation."

"I am honored to be appointed to this esteemed group and look forward to working with the President, Secretaries Kerry and Pritzker, Administrator Shah and my fellow ambassadors to help support the rise of entrepreneurs and startup ecosystems globally," said Barton. "When we encourage and support the innate excitement, innovation and drive of young entrepreneurs around the world, magic can happen. Technology has made the world much smaller, and there are local and virtual resources available to aspiring entrepreneurs today that didn't exist just a few years ago.  I'm excited to do what I can to help ensure creative and transformative ideas can become a reality, wherever they happen." 

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