Better.com CEO Vishal Garg on going public: We're disrupting the U.S. housing market

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  • Опубліковано 23 сер 2023
  • Vishal Garg, Better.com founder & CEO, joins 'Squawk Box' to discuss the company going public on the Nasdaq via a SPAC merger with Aurora Acquisition Corp., the mortgage lender's rough road to debut amidst layoffs, losses and SEC probe, the mortgage business at large, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/2NGeIvi
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КОМЕНТАРІ • 39

  • @straightdrive6192
    @straightdrive6192 9 місяців тому +24

    didn't this guy fire people before Christmas. ?

  • @ronaldinho4eva1
    @ronaldinho4eva1 9 місяців тому +28

    -90% on the stock today. Insane.

    • @minskwatcher
      @minskwatcher 9 місяців тому +5

      and well deserved

    • @natasharivera514
      @natasharivera514 8 місяців тому

      ​@@minskwatcherhow so? I'm thinking about investing in there company as a penny stick right now. Any info that you could provide to me would be most helpful

  • @reginnagarbia
    @reginnagarbia 9 місяців тому +17

    Another reason it's less likely to happen that way is that there's already too much demand waiting to absorb it, regardless of how many people are panicking and calling the crash. Nobody, at least not the general public, predicted this in 2008. According to another reply, the ownership rate peaked in 2004. We are currently at the median level, having peaked in the second quarter of 2020. It fell by 3% between 2008 and 2012, from 68 to 65 in the second quarter of 2020.

    • @thomaslewis514
      @thomaslewis514 9 місяців тому +4

      Most people are unable to handle a downturn since they are accustomed to bull markets, but if you know where to look and how to get around, you can profit handsomely. It is dependent on your entry and departure plan.

    • @harod033
      @harod033 9 місяців тому +3

      Given that the US stock market had been on its longest bull run in history, the widespread concern and excitement is reasonable, given that we are not used to such volatile markets. As you mentioned, it wasn't difficult for me to earn over $780k in the last ten months, so there are opportunities if you know where to go. I engaged a portfolio adviser because I knew I needed a solid and trusted plan to get through these tough times.

    • @patrickperez7387
      @patrickperez7387 9 місяців тому +2

      @@harod033 Recently, I've been considering the possibility of speaking with consultants. I need guidance because I'm an adult, but I'm not sure if their services would be all that helpful

    • @harod033
      @harod033 9 місяців тому +2

      @@patrickperez7387 without a doubt It's funny you brought it up because I completely understand. Ruth Loralann Brennan, can be found; she received a lot of attention in 2020. I'm not sure if I'm allowed to say this. She also manages my portfolio.

    • @godof-ou1dw
      @godof-ou1dw 9 місяців тому +1

      @@harod033 Access to good information is what we investors needs to progress financially and generally in life. this is a good one and I appreciate..

  • @quest4151
    @quest4151 9 місяців тому +12

    CEO needs to go out for any hopes

  • @DEValentine
    @DEValentine 9 місяців тому +6

    "We are highly levered to rates falling. The last time rates fell we grew 10x."
    This might be the ultimate rates play.

  • @pecanthejelly5854
    @pecanthejelly5854 5 місяців тому +3

    Gargle on a set of nuts Vishal

  • @user-ot4ul5if4l
    @user-ot4ul5if4l 9 місяців тому +5

    You are not disrupting anything but yourself … lmao

  • @slynskey333
    @slynskey333 9 місяців тому +7

    Imagine being able to have a roof over your head, securely, without having to deal with these cretins.

  • @FiontraNaveen
    @FiontraNaveen 9 місяців тому +2

    Can I get more information about future of BETR because I buy AURC before mergers and stock falll down after merger

    • @Tony_417
      @Tony_417 9 місяців тому +2

      This company is done. It’s bankrupt

    • @user-lh1sh9gh8n
      @user-lh1sh9gh8n 9 місяців тому +1

      ​@Tony_417 really?

  • @omar120376
    @omar120376 9 місяців тому +4

    Im going to throw $100

  • @siuabc
    @siuabc 9 місяців тому +22

    Lol… he disrupted his employee lives without much feelings.

    • @michaelcheng4985
      @michaelcheng4985 9 місяців тому +2

      Getting billions from their SPAC and still lays off employees due to “market changes”

    • @vidyasagar7858
      @vidyasagar7858 9 місяців тому +1

      So you want 100 percent people to loose jobs when they shut shop? Talk to me when it's your business

  • @mikemuoio175
    @mikemuoio175 9 місяців тому +1

    This may be the best stock play outside of CVNA. IPO'd at 17 and now is trading at .57. Worth a rip

    • @jopisano67
      @jopisano67 5 місяців тому

      It's moving up now in price. Will be over $1 soon.. Expecting the first interest rate cuts on the next Fed meeting. January 30th - 31st.

  • @Y2wray
    @Y2wray 9 місяців тому +3

    From a former Better employee: LOL. LMAO EVEN

  • @eliasm845
    @eliasm845 9 місяців тому

    Hahahah

  • @JenPurple2022
    @JenPurple2022 9 місяців тому

    $5M @ 2023

  • @eastcoastguy7914
    @eastcoastguy7914 9 місяців тому +2

    Pig

  • @therighteous802
    @therighteous802 6 місяців тому +1

    Wow this guy can lie.

  • @bro_nah___1
    @bro_nah___1 8 днів тому

    Chad Smith will save this Company

  • @Elbadhombre619
    @Elbadhombre619 9 місяців тому

    Maybe he shed a few tears this time when his stock tanked?

  • @tl3029
    @tl3029 9 місяців тому +4

    That’s what u get for firing Al those people