Better.com CEO's controversial leadership fuels stock crash after troubled SPAC merger

Better.com CEO Vishal Garg gained notoriety for laying off 900 employees via Zoom and making derogatory remarks.
The mortgage startup went public through a SPAC merger despite shrinking revenue, cash loss, and regulatory scrutiny.
Investors expressed disappointment in Garg's performance and Better.com's problematic financial controls.
Shares plummeted over 95% amid disappointing debut, with the majority of investors redeeming shares.
Despite struggles, Better.com received $500M cash infusion from SoftBank to expand mortgage offerings.