Nilay Patel

How is Zillow structured now?

What are your mature businesses?

As you've evolved, right, there's been periods of growth in Zillow.

There's been periods of layoffs.

One of the, I think, the most boldest attempts that will make home buying easier was Zillow would just own all the homes.

That did not go well.

How big is Zillow now?

And are you mostly invested in product stuff, or is it all account executives?

How does that work?

Yeah.

The other question I ask everybody who comes on Decoder is about decisions.

How do you make decisions as CEO?

What's your framework?

we have to pause here for a quick break we'll be right back

Welcome back.

I'm talking with Zillow CEO Jeremy Waxman about making big decisions, including some controversial decisions that have landed the company in court.

So let me ask you about a big recent decision.

It's somewhat controversial.

We're talking about databases.

And one of the rules that Zillow has is if a property goes for sale, it has to be on Zillow within 24 hours or it's not going to be on Zillow at all.