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Houzz raising $400M at $4B valuation

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Re: Houzz raising $400M at $4B valuation

#21
From the article:

>"The newest funding round, which Recode reported is being led by Iconiq, comes on top of more than $200 million that Houzz had raised from investors that include Sequoia, New Enterprise Associates, GGV Capital and others."

Does anyone know what the valuation was on the previous $200 million round?

Re: Houzz raising $400M at $4B valuation

#22

Shameless plug since I rarely see us mentioned on HN: We're hiring for a large range of engineering roles including some more specialized positions in research (writing classifier models and machine learning operations) and 3d (computer vision, photogrammetry, rendering). There's a lot more behind the scenes than just pretty pictures. http://houzz.com/jobs and mention HN

Can you comment at all on the many frustrated users who wish to file their Houzz finds away on Pinterest, but are unable to due to all of the ways you try to prevent that? While I enjoy content on Houzz, I have zero interest in splitting that information across platforms as I keep all of that in Pinterest and share boards with my wife. Frankly I find it very off-putting how blatantly it is blocked, and it makes me wa…

Yeah I hate these sort of "protections". Twitter also does it. It's fine, a simple Tanpermonkey script is enough.

Re: Houzz raising $400M at $4B valuation

#23
post #18

Shameless plug since I rarely see us mentioned on HN: We're hiring for a large range of engineering roles including some more specialized positions in research (writing classifier models and machine learning operations) and 3d (computer vision, photogrammetry, rendering). There's a lot more behind the scenes than just pretty pictures. http://houzz.com/jobs and mention HN

Hah, I had a phone interview scheduled with you guys like five years ago and the phone call never came in. I was a bit crushed :-P

Wow I'm sorry to hear this. I am not applying anymore thanks for saving me time.

Re: Houzz raising $400M at $4B valuation

#24

Huhwah? I've never even heard of them. Am I that out of the loop?

I've never heard of them either.

They must be pretty big though. I just went to their website, and they say that I can search through over 240,000 "professionals" in my city. That's great market penetration for a town with a population of fewer than 40,000 people.

Re: Houzz raising $400M at $4B valuation

#25

Houzz is one of a few bigger unicorns that I actually believe has a chance in the long run. First of all, it doesn't depend on being sexy or trendy like a social network, so there's no reason why the business will fail eventually. People almost certainly won't be using Snapchat in 50 years, but they will be buying houses. Additionally, houses are an absolutely massive market. Housing is the largest expense of most pe…

Holy shit, this. If I could get a contractor or a remodeling project like I would an Uber, with a reputation and history system, I'd choose it in a heartbeat, even at a premium. I wonder how they deal with people bypassing the system to avoid their fees (e.g. AirBnb).

Re: Houzz raising $400M at $4B valuation

#27
Houzz is interesting because all the photos are of homes with limitless budgets. So you have to set your expectations of your remodel, or just enjoy dreaming big if that's your cup of tea. They're all gorgeous though and they do an amazing job of classifying them. A+ Filters!

Still, I find their professional market section to be a extremely frustrating and they will need to figure out how to scale that down market if they want to continue growing. None of interior designers or "architect/contractors" listed on there would get back to me unless I promised to spent at least $50k on a project with them. Then once I finally found a couple "interested," they were flakey and never got back to me.

I must have exhausted the list on their platform before I moved over to Yelp. Right away I found all the help I needed and everyone was so courteous and followed through. Such a world of difference from the 2 platforms. I do think Yelp's open review platform keeps businesses way more honest and it shows. Any project I start now and I'm asked where I learned about the business, I mention Yelp :).

Re: Houzz raising $400M at $4B valuation

#30

Shameless plug since I rarely see us mentioned on HN: We're hiring for a large range of engineering roles including some more specialized positions in research (writing classifier models and machine learning operations) and 3d (computer vision, photogrammetry, rendering). There's a lot more behind the scenes than just pretty pictures. http://houzz.com/jobs and mention HN

Will Houzz be hiring for interns anytime soon?
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