The half-billion-dollar profit swing that led to Better.com’s myriad layoffs
An S-4 filing from Aurora Acquisition Corp., the SPAC that digital mortgage provider Better.com intended to merge with, provides stark details about the latter company’s financial performance. The filing — dated April 24, 2022 — reveals that Better.com swung to a loss of more than $300 million last year, a sharp turnaround from its profitable … Continue reading The half-billion-dollar profit swing that led to Better.com’s myriad layoffs
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