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This doesn't sound right. 2% of the firm's revenue in its first year, combined with a plausible growth trajectory to 5x or 50x that, is great! I don't doubt th

This doesn't sound right. 2% of the firm's revenue in its first year, combined with a plausible growth trajectory to 5x or 50x that, is great! I don't doubt that your €42m project got shut down, and that your employer might well have been right to do it. But this particular Zillow project wasn't shut down because it didn't move the needle - if anything, it was shut down because it did.

nostrademons 5y ago
It sounds like the problem with Zillow Offers is that it didn't have the plausible growth trajectory to 5x or 50x that. It could be a profitable $50M business or an unprofitable $1B business, but not a profitable $1B business. The earnings call shutting it down mentioned that the company wasn't getting the economies of scale that they thought they would be getting.