Garg mounts comeback bid to reclaim CEO role at Better.com
Vishal Garg, the Better Home & Finance (Better.com) CEO ousted in a board shakeup after the infamous Zoom layoff, is pressing to return to the top job. He argues the company’s AI-driven mortgage-processing turnaround, including partnerships with Neo Home Loans, Intuit, Coinbase and OpenAI, has prepared Better for profitability, and he claims he has enough Class B voting power to win the board vote. Garg says he’ll work for $1 a year during the transition, while investors have soured and the stock has fallen since his predecessor’s arrival. The company has seen revenue collapse since 2021 but is reportedly on pace for about $200 million in sales this year as AI efforts accelerate.