Where are John and Todd?

Zillow.com, the heavily-funded Seattle online real estate startup, today cut 25 percent of its staff in a move that the company hopes will extend its cash position long enough to ride out the economic crisis.
The elimination of 40 employees brings staffing at Zillow to about 105 employees.
In a blog post titled “Difficult times, difficult decisions,” [...]

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ClayValet, the Seattle online personal shopping service, has decided to close down after three potential acquisition offers fell apart in the past week.
While the economic crisis may have caused at least one of the acquisition offers to disintegrate, ClayValet founder Mikhail Seregine blamed the shut down more on his own inexperience as a startup CEO [...]

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Redfin today said it is cutting 20 percent of its staff as the Seattle online real estate broker prepares for what Chief Executive Glenn Kelman described as a “big dip.”
About 20 employees were let go, bringing total staff at the company to about 75 people.
Kelman said it was a difficult decision, but the right move [...]

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The Chief Executive of Avidian, a 6-year-old maker of customer relationship management software, said his Redmond company would consider purchasing some of the assets of Seattle-based Entellium if they became available at the right price.
“If it makes sense, we are open to it,” said James Wong, the co-founder and CEO of Avidian. Wong has already [...]

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Entellium today laid off its sales and marketing staff, a move that comes just a few days after the Seattle software company’s chief executive and head of finance unexpectedly stepped down.
The 8-year-old company is now evaluating options, with a board meeting set for Oct. 6.
“It has been a long hard day for people and a [...]

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