Gurley notes Zillow had exited iBuying before he returned to the company
“They had the the the kind of detour into home buying or iBuying, which is refreshing. They had exited by the time I came back. So, yeah. So there's a lot going on.”
Gurley says venture firms incrementally adopted risk like boiled frog before reaching iBuying extremes
“And so people adopt incremental risk with the whole boiled frog metaphor without kinda realizing they're doing it.”