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A comment on Zillow to stop flipping homes, loses more than $550M, lays off 25% of staff. Parent comment

Re:Zillow to stop flipping homes, loses more than $550M, lay... by seanmcdirmid on Tuesday November 02, 2021 @05:58PM (#29087988)
Isn't Zillow more like a post-IPO startup than a bigcorp? If so, it makes complete sense that they might "bite off more than they could chew," (e.g. Pets.com) a lot of startups end that way.
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Re:Zillow to stop flipping homes, loses more than $550M, lay... by vineyardmike on Tuesday November 02, 2021 @06:20PM (#29088235)
They're not amazon/google big but they're not small. They have tons of employees and billions in cash.
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