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  "documentTitle": "Zillow Group, Inc. (Z)",
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      "text": "1. Executive Summary\n2. Interview With A Former Senior Executive\n3. Zillow Is A Mature Business With A History Of Failures\n4. Zillow’s Core Business Model Is Under Threat From Litigation\n5. Zillow’s New Initiatives Carry Significant Execution Risk\n6. We Believe Investors Underestimate Homes.com As A Viable, Well Capitalized Competitor To Zillow\n7. We Believe Zillow Is Using Aggressive Accounting Methods To Boost Revenue, Margins And Earnings\n8. Spruce Point Has Significant Concerns With Zillow’s Management & Governance\n9. We See 40% – 60% Downside Risk To Zillow’s Stock Price",
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