Sorry to hear about @knock layoffs. Plenty of opportunities at Zillow. DM for product. https://www.housingwire.com/articles/knock-raises-220m-lays-off-46-of-workforce/ #knock #layoffs #hiring
Why is housing market still hot when Zillow, Knock are struggling?
They’re canaries in the coal mine
Don’t know what you mean by struggling. Our Zillow offers did not pan out. But rest of the business are doing well.
100$ to read the article. Oof
Sean says the business “is doing great”. Sure. Does anybody buy that?
I can say that its not doing horrible. Not a lot of people are buying houses atm, which plays a huge part in this
The $220mn is a bit misleading. Only $70 in equity. The rest is debt for the home buying arm.