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Jeremy Wacksman

๐Ÿ‘ค Speaker
547 total appearances

Appearances Over Time

Podcast Appearances

Decoder with Nilay Patel
Zillow's CEO on growth during a housing crisis

And that was just trying to answer one question, right?

Decoder with Nilay Patel
Zillow's CEO on growth during a housing crisis

Just what are homes worth?

Decoder with Nilay Patel
Zillow's CEO on growth during a housing crisis

Not a perfect answer, but an estimate of, okay, take some comps and build a machine learning model to figure out what these houses might be worth to help you be smarter when you start to shop.

Decoder with Nilay Patel
Zillow's CEO on growth during a housing crisis

And Zillow grew out of that and do an advertising business, right?

Decoder with Nilay Patel
Zillow's CEO on growth during a housing crisis

And the first...

Decoder with Nilay Patel
Zillow's CEO on growth during a housing crisis

probably decade plus, it was just a classic ads marketplace.

Decoder with Nilay Patel
Zillow's CEO on growth during a housing crisis

It was, okay, let's offer great products to buyers and sellers.

Decoder with Nilay Patel
Zillow's CEO on growth during a housing crisis

They come and use it.

Decoder with Nilay Patel
Zillow's CEO on growth during a housing crisis

They dream, but they also shop and they buy.

Decoder with Nilay Patel
Zillow's CEO on growth during a housing crisis

And advertisers, professionals are going to want access to that audience.

Decoder with Nilay Patel
Zillow's CEO on growth during a housing crisis

So we'll just sell access to the audience and sold leads and sold advertising.

Decoder with Nilay Patel
Zillow's CEO on growth during a housing crisis

And probably about, I don't know, 10, 11 years in, we had built this great brand, right?

Decoder with Nilay Patel
Zillow's CEO on growth during a housing crisis

We were very proud that...

Decoder with Nilay Patel
Zillow's CEO on growth during a housing crisis

Zillow was searched more than real estate and Google.

Decoder with Nilay Patel
Zillow's CEO on growth during a housing crisis

That was sort of the, you know, we have become a category term.

Decoder with Nilay Patel
Zillow's CEO on growth during a housing crisis

People love the brand.

Decoder with Nilay Patel
Zillow's CEO on growth during a housing crisis

The cocktail party story was always, wow, can you change my Zestimate?

Decoder with Nilay Patel
Zillow's CEO on growth during a housing crisis

Or, you know, how do you do that?

Decoder with Nilay Patel
Zillow's CEO on growth during a housing crisis

But we're customer obsessed and we would ask customers how it was going.

Decoder with Nilay Patel
Zillow's CEO on growth during a housing crisis

And they're like, well, I love using Zillow.