In the video below, Zillow (NASDAQ:ZG) CEO Spencer Rascoff shares his opinions on the biggest misconception that people have about the company today.

At first blush many may believe Zillow is a website-based company, but as he points out their most significant presence is actually on mobile devices. This positioning makes Zillow one of the rare technology companies out there that actually benefits from the seismic shift toward mobile consumption.

Brendan Byrnes has no position in any stocks mentioned. The Motley Fool recommends Zillow. The Motley Fool owns shares of Zillow. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.