News for hackers. Stuff that matters.

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 cyanydeez on Tuesday November 02, 2021 @08:57PM (#29089782)
this is yahoo 2: electric marketing dot com bust.

it was purely about marketing driving up its own value via poorly considered metrics that invariably included positive reenforcement loops. eg, yahoo sells an ad for a company which sells ads on yahoo.

[ Parent | on HN ]
Re:Zillow to stop flipping homes, loses more than $550M, lay... by aaronwall on Wednesday November 03, 2021 @08:18PM (#29102258)
Some of those were even formally recognized as revenue trading agreements to show growth.
[ Parent | on HN ]