Larry, Zillow is neither a tech company or a real estate company. It’s more like wtf holding company that wants to try to “revolutionize” an old school industry led by wall Street bankers….
it’s like carorder.com, carvana, carwoo.
SDR, an, and I talked about this a long time ago, along with Compass. failed business model and this failure is expected. No different than chewy.com, as proven before by pets.com. none of these companies are “tech” companies. They are simply bad ideas lol.
But what Zillow does prove is you are wrong about something you said 16 years ago. That real estate agents will be replaced by tech and low cost companies that can do it for cheaper.
Clearly, you are wrong about this again….because tech can’t replace some sort of human interaction that people expect. Just like zoom and Microsoft teams can’t replace human connection that is often needed for work.
Also some feedback….just because a much of wall street bankers find VC money to invest in putting together a website or mobile app to “revolutionize” an old school industry doesn’t by itself make it a tech company.