That break even date assumed no rate cuts He built a pretty big business before and that is when they weren’t fully using Ai
I back @ericjackson - I really do - but @vishalgarg1_0 just isn’t convincing to me. - 100% revenue growth (what’s the base?) - profitability by 3rd quarter 2026 (that’s a year away - like who predicts that far into the future with such confidence in a market determined largely by the macro) - leveraging the advances in AI (like give us an example, the way @CanadaKaz does specifically) Good leaders inspire others. So many others at @Opendoor are speaking up about the excitement. At Better, it’s someone who frankly hasn’t built anything he thinks is worth going through in detail. The way engineers talk about their advancements, isn’t how Better communicates. I think if you read the annual reports (missing for last year?) there’s just a corporate feel in the complete lack of substance/direction/believability. Like what do customers say? What talent are Better attracting? What is Tinman’s actual advantage?
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I would ask deeper questions. I don’t think he did build a big business before. I think he was very good at raising.
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Replying to @Ray5D @ericjackson
what betr was dominating refi in 2021

Sep 27, 2025 · 9:44 AM UTC

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Dominating would suggest >50% market share and acquiring customers for less than the revenue generated. What was their market share? And what was the profit/loss at the time?
Do you not know mortgage. No one has > 50%, not even close. Not rocket, not United. It's public info on sec. I forgot the specifics, something like 10% refi volume in the us and 1.2b ARR and 200mil ebidta full year or first half or something. Feel free to go get the actual numbe
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