Vishal Garg

Better.com’s stock tanks after SPAC combination brings it to the public markets

Shares of Better.com are getting hammered into the ground Thursday morning after the digital mortgage company completed its long-delayed SPAC merger and began to trade as a public company for the firs

As Better.com readies for its public debut, CEO Vishal Garg says he went through ‘a lot of leadership training’

Online mortgage lender Better.com is making its public debut Thursday on the Nasdaq Capital Market under the ticker symbols “BETR” and “BETRW.”  After merging with SPAC Aurora Acquisition Cor

SEC ends investigation into Better.com, which continues to bleed cash ahead of planned SPAC vote

The U.S. Securities and Exchange Commission (SEC) said it does not intend to recommend an enforcement action against digital mortgage lender Better.com. The pronouncement comes after an investigation

Inside the human cost of Better.com’s brutal layoffs

Digital mortgage lender Better.com continues to lay off staff, and seemingly in as callous a way as possible. Indeed, whereas most companies try to avoid repeated layoffs, the outfit — which gai

Better.com is still trying to proceed with its SPAC deal

Digital mortgage lender Better.com, which began making plans to go public via a SPAC in May 2021, has confirmed that it intends to move forward with its planned public debut, despite lackluster perfor

Former Better.com exec alleges company misled investors ahead of SPAC

One of Better.com’s former executives has filed a lawsuit against the online mortgage lender, alleging that the company and its CEO Vishal Garg misled investors when it attempted to go public via a

Daily Crunch: Better.com CEO Vishal Garg says he’s on the hook for $750M SoftBank loan

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

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 f

Better.com said to be planning third round of layoffs

Digital mortgage company Better.com is gearing up for another round of layoffs, multiple sources with knowledge of internal happenings at the company have told TechCrunch. This time, the company is be

Daily Crunch: Tata Group releases ‘super app’ that bundles 11 consumer services

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

‘We probably pissed away $200 million,’ Better.com CEO told employees in layoffs meeting

When Better.com CEO Vishal Garg laid off 900 employees, or about 9% of the company’s staff, in early December, the startup world was shocked by his callous delivery. Now a video of Garg and CFO Kevi

TechCrunch+ roundup: ‘Valuation reset,’ spiking crypto losses, US insurtech meltdown

Has it ever been your responsibility to tell someone else that their job has been eliminated? I have, and it's one of the most difficult things I've ever done at work.

Better.com loses more senior execs as employees brace for another mass layoff

Things are getting worse at Better. More executives have resigned from Better.com nearly three months after the online mortgage lender laid off 900 employees via Zoom and as the company prepares for m

Better.com loses more top execs in wake of Vishal Garg’s return as CEO

The exodus of executives at Better.com continues. TechCrunch has learned that Sarah Pierce, who served as executive vice president of customer experience, sales and operations, and Emanuel Santa-Dona

Better.com CEO Vishal Garg returns to work amid controversy regarding his leadership

After a month-long “break,” Better.com CEO Vishal Garg is back at the helm of the mortgage tech company he co-founded in 2016, according to an internal memo that circulated today that has been sha

How does former Better.com CEO Vishal Garg still have a job?

With everything that has gone down at Better.com over the past 18 months, many of us are scratching our heads in wonder that CEO Vishal Garg remains employed.

Better.com CEO Vishal Garg steps back as employees detail how he ‘led by fear’

Looks like Better.com CEO Vishal Garg’s behavior is catching up to him. This morning, employees were notified via email by the Better board of directors that Garg would be taking time off effective

Better.com CEO Vishal Garg apologizes to current employees for ‘blundering’ of mass layoffs; SPAC delayed

Better.com CEO Vishal Garg apparently realizes he’s done wrong. (As if the barrage of negative publicity wasn’t enough evidence of that.) Today, a letter to current employees was leaked on Blind b

Better.com’s PR, comms, marketing heads submit resignations in wake of layoffs fiasco

Better.com continues to find new ways to make itself look bad. This week, sources familiar with internal happenings within the company told TechCrunch the company’s VP of communications, Patrick Len

Better.com acquires UK-based Property Partner ahead of SPAC close

The deal could give Better a way to augment its lending business with the potential to enable fractional ownership of properties in the U.S. and other markets.
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