Zillow to pay $212.5M to settle class action over its failed home-buying venture

Zillow to pay $212.5M to settle class action for real estate venture

Zillow will pay $212.5 million to settle a class action tied to its failed real estate venture, according to Reuters. Hacker News commenters used the news to riff on boom-time overconfidence, swapping stories of friends who bought Teslas as "appreciating assets" and noting that the same bet paid off with crypto, GPUs, and, for a while, used cars. One commenter joked the settlement is probably less than Zillow's Anthropic bill.