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Better.com Wavers on Plan to Go Public, As Layoffs Continue

Online real-estate startup Better.com has indicated in regulatory filings that its plan to go public via an arrangement called a SPAC has been losing steam. So reports The Daily Beast.

BetterOne new filing cited formal talks to find an alternative capital source for Better that would allow it to “remain a private company.”

Better, which burst to prominence in 2021 after founder-CEO Vishal Garg laid off hundreds of workers during a mass video call, reportedly conducted a fresh round of layoffs recently.

Read the full article from The Daily Beast.

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