Key facts
- Better founder Vishal Garg said his mistake was not pushing AI hard enough while younger competitors moved faster.
- Garg described a plan to power loan origination for the rest of the industry rather than compete with it.
- The conversation covered Better's move away from ad-driven direct-to-consumer lending and recent cost cuts.
Better founder Vishal Garg discussed the company's proxy fight and its shift away from advertising-driven direct-to-consumer lending in a podcast conversation with Diego Sanchez, according to a description of the episode published on November 3, 2026.
Garg said his mistake was not pushing artificial intelligence hard enough while younger competitors moved faster, the description said. He described a plan to power loan origination for the rest of the industry rather than compete with it.
The conversation also covered distributed retail and wholesale operations, recent cost cuts and the path to profitability, the description said. It gave no figures for the cost cuts or for profitability.