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!
Want more podcast episodes? Join me and follow Fintech Leaders today on Apple, Spotify, or your favorite podcast app for weekly conversations with today’s global leaders that will dominate the 21st century in fintech, business, and beyond.
Do you prefer a written summary? Check out the Fintech Leaders newsletter and join 65,000+ readers and listeners worldwide!
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.
Miguel on LinkedIn: https://bit.ly/3nKha4Z
Miguel on Twitter: https://bit.ly/2Jb5oBc
Fintech Leaders Newsletter: bit.ly/3jWIp
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!
Want more podcast episodes? Join me and follow Fintech Leaders today on Apple, Spotify, or your favorite podcast app for weekly conversations with today’s global leaders that will dominate the 21st century in fintech, business, and beyond.
Do you prefer a written summary? Check out the Fintech Leaders newsletter and join 65,000+ readers and listeners worldwide!
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.
Miguel on LinkedIn: https://bit.ly/3nKha4Z
Miguel on Twitter: https://bit.ly/2Jb5oBc
Fintech Leaders Newsletter: bit.ly/3jWIp