Better.com's Pre-Layoff Funding
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Shaan shares details about Better.com's financial situation while discussing their controversial layoff video.
"This company raised like $750 million from their SPAC backers, they already had $1.5 billion from SoftBank. The founder and CEO Vishal Garg - this company's valued at multiple billions of dollars. This guy is clearly worth over $500 million, probably more than $1 billion.
They're a big company, they do mortgages or some stuff like that on the internet. They laid off 900 people in that call. They had raised like $750 million - it's a big company."
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.