After downsizing, Better says it has cash to weather $340M Q3 net loss
A $565M influx of cash from an August SPAC merger and a $1B reduction in annual expenses puts Better on a footing to navigate a challenging market, executives say on first earnings call
by Matt Carter Nov 14
Better launches digital home insurance product with partners
Available in Arizona, Oregon and Illinois at launch, Better Insurance will expand into Oklahoma, Tennessee and Wisconsin in the next 4 weeks. The goal is to be in all 50 states in a year
by Matt Carter Nov 2
Better workers fear they won't see $100M in retention stock bonuses
The mortgage lender says it remains committed to distributing equity-based bonuses to all eligible employees, including $50M from CEO and founder Vishal Garg's personal equity
by Matt Carter Apr 5