This company is a blank check firm focused on acquiring media and technology companies.
They acquired UK based propertypartner.co
Looks like the Better.com CEO has an ‘interesting’ management style.
If he felt ‘terrible’ letting 900 staff go over a 3-minute zoom call, I imagine he feels worse now.
We can only hope he is showing the appropriate amount of respect and appreciation by not being paid during his “time off.” No doubt he will be well compensated.
Looks like the SPAC merger has been been delayed. One to put in my “wouldn’t touch with a barge pole” category me thinks.
Things haven’t improved for Better.com
Sources told TechCrunch that a list containing the names of some people who would be let go in a layoff scheduled for Friday, August 26, was leaked internally on Tuesday, August 23.