Zillow CEO Spencer Rascoff laid the smackdown on the JOBS act today, saying that it’s “a step backwards” for investors and companies looking to go public. His ire seemed to stem from the fact that companies that go live under the JOBS act don’t have to make their books public as early as other companies looking for an IPO. Companies like Trulia, for instance – one of Zillow’s main competitors.

[Source: GeekWire]