Better.com the online mortgage lender that found itself going viral a while back — is back in the news. On Thursday, the company’s public offering in New York went live — but let’s just say it didn’t quite go as planned.
According to reports, share prices of the company in the moments after it went live nosedived. Initial reports suggest that prices fell by more than 95% delivering an epic dose of karma to the company. In case it couldn’t get any worse, the company has lost upwards of $2B in revenue.
Better.com as many know was previously best known for its all-advised Zoom call by Vishal Garg that abruptly fired 900 people. The classless and heartless move resulted in the company being widely mocked online.
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