Trulia Is Said to Pick JPMorgan, Deutsche Bank to Manage Its IPO
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Trulia Inc., an Internet startup focused on residential real estate, hired JPMorgan Chase & Co. and Deutsche Bank AG to manage its initial public offering, according to two people with knowledge of the matter.
The San Francisco-based company is likely to go public in the second half of this year and will be valued at less than $1 billion, said the people, who declined to be named because the talks are private. Trulia is also working with Class V Group’s Lise Buyer, who advises startups on IPOs, the people said.