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 …

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 …

Source: TechMeme
Source Link: http://www.techmeme.com/231222/p8#a231222p8