After downsizing, Better says it has cash to weather $340M Q3 net loss

A $565 million influx of cash from an August SPAC merger and a $1 billion reduction in annual expenses put Better on a footing to navigate a challenging market, executives say. Continue reading

Better executives stand to collect up to $17M in ‘DeSPAC’ bonuses

The mortgage lender said $100 million in retention bonuses were distributed to employees in April, as promised, including $50 million from Better co-founder and CEO Vishal Garg’s personal equity. Continue reading

Douglas Elliman parent company invests in another proptech startup

Vector Group, which launched its proptech investment arm in March, has now added the New York-based tech-enabled home management service Humming Homes to its list of invested in companies. Continue reading

Better.com partners with Google to hire 2,000 new employees

Digital mortgage startup Better.com has pledged to hire Google Career Certificate graduates by 2024 as part of the company’s aggressive growth strategy. Continue reading