Jeremy Wacksman

I mean, the other part of the Zillow history is we didn't start that way, right?

Because back then there wasn't this sort of internet powered set of MLS rules.

They were before the internet.

They hadn't thought about this.

So we had to go sign up and get all these things on our own.

And we did that.

And we built these great brands and consumer experiences.

And then I think the industry kind of caught up.

I don't answer both those questions.

The company structure pre and post my taking over CEO didn't change too dramatically, mostly because the CEO transition was pretty planned, right?

So I was COO before and we really planned for succession.

And so we started organizing the company back then.

So the question probably is better answered as how did we set up the company at that stage?

And that's largely how it's structured now.

We are...

I'm sure you get this a lot.

We're kind of a classic matrix.

We have functional teams and functional expertise that then sits alongside business groups for our most mature businesses.

So great product marketing, engineering, and design teams that are fully integrated with dedicated leaders that matrix into the business team.

And most of our mature businesses are run in one group.