[quote=spdrun]Hopefully fail. Techbro VC scum shouldn’t be competing with mom and pop investors.

Here’s a way to harsh their game, BTW … figure out which homes are owned by Zillow. Anonymously report the work being done to code enforcement — chances are, with a 90-day flipping window, they’re hiring unlicensed subs and not pulling proper permits. Good luck to them handling code issues in a timely manner if they don’t have anyone local…[/quote]

lol.. quite the opposite imho.

You see, the one most likely to use unlicensed contractors are people individuals like you to save money.

Zillow will probably use licensed contractors and do it by the book, burning through equity and vc money to do it Just so they can report “substantial customer growth” even as they bleed though ewuity and VC money.

They won’t be cutting corners on the flip… They’ll just burn through money to do it in order to acquire a bigger customer base… This is the way VCs run these growth vertical business and there are plenty examples of this sort of bzioness models.

CarOrder.com
Pets.com
and from recent time
Moviepass…