But Garg couldn't take the easy way out.įor one, he calls Better, which claims to make getting a mortgage "simpler, faster - and most importantly, more accessible for all Americans," his "life's work." Garg grew Better from roughly 2,000 employees and $4.9 billion in loans granted in 2019 to 10,000 employees and $58 billion in loans in 2021.
"It would've been so easy for me to sell to a private-equity firm or to let somebody else come in," Garg told Insider during an interview in August at a restaurant across the street from Better's office at the World Trade Center in lower Manhattan. That had been one of his favorite things to do since he founded Better in 2014.īut Garg is back. Garg, the CEO of Better, an online-mortgage startup, even avoided his own staff - first on a board-mandated break from his role, then for a few months when he chose not to speak at all-hands meetings. Vishal Garg has avoided the spotlight since his laying off of 900 people on Zoom in December sparked backlash from his employees and outrage from the public.
Garg acknowledged that he can come off as "cold" and sometimes puts his foot in his mouth.
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