The speaker discusses the evolution of online house search companies citing examples of Trulia and Red Fence. He talks about a time before online brokers existed when travel agents were the brokers in charge of getting you a desirable flight ticket without paying too much.
The speaker admires successful entrepreneurs and likes to reverse engineer how they built their businesses to deploy strategies to his own company. He also emphasizes the importance of calling people to work at your company to get that extra 10%.
Richard Barton has started multiple successful companies including Zillow, Glassdoor, and Expedia, and serves on the board of directors for Netflix.
This segment discusses the evolution of online house search companies such as Zillow, Trulia, and Red Fence in the past years, and how employees were hesitant to speak publicly about their experiences due to non-disclosure agreements.