Vishal Garg
Vishal Garg is the found and chief executive officer of Better Mortgage, an online mortgage lender that he founded in 2016. The goal from the onset was to re-engineer the mortgage process after Garg and his wife, while pursuing their first mortgage, had a subpar experience due to “inefficient processes, outdated technology, and general frustration”. Better Mortgage is headquartered in New York City and its services include mortgage, real estate, title and homeowners insurance.
In December 2021, Garg temporarily stepped down from his position as CEO after laying off 900 Better.com employees over a video call that ultimately leaked and went viral. It wasn’t the first time that the Better Mortgage CEO made negative headlines for his leadership style… In 2020, he made news for calling his employees “a bunch of dumb dolphins”. During a deposition in 2013, Garg threatened a former business partner that he would “staple him against a wall and burn him alive”.
Moving forward, Better Mortgage is set to go public with a $7.7 billion valuation after backing from Softbank.
Latest Posts
Better.com, valued at $4B, prepares for IPO in 2021
Nov 12, 2020The digital lender, run by CEO Vishal Garg, selected Bank of America and Morgan Stanley to help prepare its initial public offering slated for 2021, according to sources cited by Bloomberg.
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Better.com snags $200 million in series D funding for $4 billion valuation
Nov 10, 2020 -
Better.com’s Vishal Garg talks the future of banking, tech stacks and a customer-friendly IPO
Oct 01, 2020 -
Better.com in talks to raise $100M at $4B valuation: report
Sep 24, 2020 -
2019 HW Vanguard: Vishal Garg
Dec 01, 2019 -
This is what happens when you get a bunch of mortgage marketers in the same room
Jun 21, 2019 -
Goldman Sachs honors Better Mortgage CEO Vishal Garg
Oct 18, 2018 -
2017 Rising Stars: Vishal Garg
Jun 01, 2017 -
How Better Mortgage will successfully break into online mortgages
Jun 13, 2016