Fintech Leaders Vishal Garg, CEO of Better.com - Tough Lessons, Rebuilding a Company Culture, Pioneering the One Day Mortgage
Miguel Armaza interviews Vishal Garg, CEO & Founder of Better.com (NASDAQ: BETR), a publicly traded online mortgage lender that has funded more than $100 billion in mortgage volume in the last decade. Prior to going public in 2023, they raised capital from a long list of VCs, including Activant, Softbank, AmEx, Citi, and Goldman among others.
We discuss:
- How Better’s business volume exploded in 2020 & 2021, but later dropped 99% in a matter of months
- Going from 1,500 to 10,000 employees within almost a year and then having to layoff most of them
- An inside look into Vishal’s controversial decision to let go 900 people over zoom
- Better’s latest product innovations, the state of the residential real estate market… lots more!
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Miguel Armaza is Co-Founder and General Partner of Gilgamesh Ventures, a seed-stage investment fund focused on fintech in the Americas. He also hosts and writes the Fintech Leaders podcast and newsletter.
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