Friday, December 22, 2023

How SoftBank's $500M bet on US mortgage lender Better, once valued at $7B, backfired; BETR is down 90%+ since its August 2023 IPO after a US SEC investigation (Financial Times)

on December 22, 2023 0 Comment
Financial Times:

How SoftBank's $500M bet on US mortgage lender Better, once valued at $7B, backfired; BETR is down 90%+ since its August 2023 IPO after a US SEC investigation  —  Multibillion-dollar investment in start-up soured as interest rates rose and Spac craze ended  —  In April 2021 …


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