Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Benchmark Capital Management Co. V, L.L.C.
2. Date of Event Requiring Statement (Month/Day/Year)
07/19/2011
3. Issuer Name and Ticker or Trading Symbol
ZILLOW INC [Z]
(Last)
(First)
(Middle)
2480 SAND HILL ROAD, SUITE 200
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

MENLO PARK, CA 94025
6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Series A Preferred Stock   (1)   (1) Class A Common Stock 1,716,194 (1) $ (1) I See Footnote (2)
Series A Preferred Stock   (1)   (1) Class A Common Stock 210,300 (1) $ (1) I See Footnote (3)
Series A Preferred Stock   (1)   (1) Class A Common Stock 40,264 (1) $ (1) I See Footnote (4)
Series A Preferred Stock   (1)   (1) Class A Common Stock 31,684 (1) $ (1) I See Footnote (5)
Series A Preferred Stock   (1)   (1) Class A Common Stock 2,244,440 (1) $ (1) I See Footnote (6)
Series B Preferred Stock   (1)   (1) Class A Common Stock 171,620 (1) $ (1) I See Footnote (2)
Series B Preferred Stock   (1)   (1) Class A Common Stock 21,030 (1) $ (1) I See Footnote (3)
Series B Preferred Stock   (1)   (1) Class A Common Stock 4,026 (1) $ (1) I See Footnote (4)
Series B Preferred Stock   (1)   (1) Class A Common Stock 3,168 (1) $ (1) I See Footnote (5)
Series B Preferred Stock   (1)   (1) Class A Common Stock 224,443 (1) $ (1) I See Footnote (6)
Series C Preferred Stock   (1)   (1) Class A Common Stock 97,875 (1) $ (1) I See Footnote (2)
Series C Preferred Stock   (1)   (1) Class A Common Stock 11,994 (1) $ (1) I See Footnote (3)
Series C Preferred Stock   (1)   (1) Class A Common Stock 2,296 (1) $ (1) I See Footnote (4)
Series C Preferred Stock   (1)   (1) Class A Common Stock 1,807 (1) $ (1) I See Footnote (5)
Series C Preferred Stock   (1)   (1) Class A Common Stock 128,001 (1) $ (1) I See Footnote (6)

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Benchmark Capital Management Co. V, L.L.C.
2480 SAND HILL ROAD, SUITE 200
MENLO PARK, CA 94025
    X    
Benchmark Capital Partners V L P
2480 SAND HILL ROAD, SUITE 20
MENLO PARK, CA 94025
    X    
BENCHMARK FOUNDERS FUND V LP
2480 SAND HILL ROAD, SUITE 200
MENLO PARK, CA 94025
    X    
Benchmark Founders Fund V-A LP
2480 SAND HILL ROAD, SUITE 200
MENLO PARK, CA 94025
    X    
Benchmark Founders Fund V-B LP
2480 SAND HILL ROAD, SUITE 200
MENLO PARK, CA 94025
    X    
BALKANSKI ALEXANDRE
2480 SAND HILL ROAD, SUITE 200
MENLO PARK, CA 94025
    X    
DUNLEVIE BRUCE
2480 SAND HILL ROAD, SUITE 200
MENLO PARK, CA 94025
    X    
FENTON PETER H
2480 SAND HILL ROAD, SUITE 200
MENLO PARK, CA 94025
    X    
LASKY MITCHELL
2480 SAND HILL ROAD, SUITE 200
MENLO PARK, CA 94025
    X    
HARVEY KEVIN
2480 SAND HILL ROAD, SUITE 200
MENLO PARK, CA 94025
    X    

Signatures

/s/ Steven M. Spurlock, as managing member of Benchmark Capital Management Co. V, L.L.C. 07/19/2011
**Signature of Reporting Person Date

/s/ Steven M. Spurlock, as managing member of Benchmark Capital Management Co. V, L.L.C. as general partner of Benchmark Capital Partners V, L.P. 07/19/2011
**Signature of Reporting Person Date

/s/ Steven M. Spurlock, as managing member of Benchmark Capital Management Co. V, L.L.C. as general partner of Benchmark Founders' Fund V, L.P. 07/19/2011
**Signature of Reporting Person Date

/s/ Steven M. Spurlock, as managing member of Benchmark Capital Management Co. V, L.L.C. as general partner of Benchmark Founders' Fund V-A, L.P. 07/19/2011
**Signature of Reporting Person Date

/s/ Steven M. Spurlock, as managing member of Benchmark Capital Management Co. V, L.L.C. as general partner of Benchmark Founders' Fund V-B, L.P. 07/19/2011
**Signature of Reporting Person Date

/s/ Steven M. Spurlock by power of attorney for Alexandre Balkanski 07/19/2011
**Signature of Reporting Person Date

/s/ Steven M. Spurlock, by power of attorney for Bruce W. Dunlevie 07/19/2011
**Signature of Reporting Person Date

/s/ Steven M. Spurlock, by power of attorney for Peter H. Fenton 07/19/2011
**Signature of Reporting Person Date

/s/ Steven M. Spurlock, by power of attorney for Mitchell H. Lasky 07/19/2011
**Signature of Reporting Person Date

/s/ Steven M. Spurlock, by power of attorney for Kevin R. Harvey 07/19/2011
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Preferred Stock is convertible at the holder's election into Class A Common Stock at the then effective conversion rate, currently 3.38-to-1, and has no expiration date. In addition, Preferred Stock automatically converts into Class A Common Stock at the then effective conversion rate (i) with the approval of holders of at least 70% of the outstanding shares of Preferred Stock or (ii) upon the effectiveness of the issuer's registration statement on Form S-1 under the Securities Act of 1933, filed in connection with the issuer's initial public offering.
(2) Shares owned by Benchmark Capital Partners V, L.P. ("BCP V").
(3) Shares owned by Benchmark Founders' Fund V, L.P. ("BFF V").
(4) Shares owned by Benchmark Founders' Fund V-A, L.P. ("BFF V-A").
(5) Shares owned by Benchmark Founders' Fund V-B, L.P. ("BFF V-B").
(6) Benchmark Capital Management Co. IV, LLC ("BCMC V"), the general partner of each of BCP V, BFF V, BFF V-A and BFF V-B, may be deemed to have the sole voting and dispositive power over 8,777,471 shares of the Preferred Stock. BCMC V and each of its managing members disclaim beneficial ownership of these shares of the Preferred Stock except to the extent of any pecuniary interest therein, and the filing of this report is not an admission that BCMC V and each of its managing members is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
 
Remarks:
Alexandre Balkanski, Bruce W. Dunlevie, J. William Gurley, Kevin R. Harvey, Robert C. Kagle, Steven M. Spurlock, Peter H. Fenton and Mitchell H. Lasky are the managing members of BCMC V, which serves as the general partner to each of BCP V, BFF V, BFF V-A and BFF V-B. Each reporting person disclaims the existence of a "group" and disclaims beneficial ownership of any securities except to the extent of such reporting person's pecuniary interest in such securities.

This report is one of three reports, each on a separate Form 3, but relating to the same disclosure being filed by BCP V, its managing members and the Benchmark V Funds.

Exhibit 24 filed herewith.

Form 1 of 3

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