Former Better.com CEO Vishal Garg Seeks Reinstatement

Aug 16, 2026

59 min

Aug 16, 2026 02:30

Indian-American CEO who fired 900 on Zoom is sacked

## Background Vishal Garg, the Indian-American CEO known for terminating 900 employees via a Zoom call in December 2021, has been removed from his position at Better Home & Finance. Garg's dismissal occurred on August 3, 2026, and he was replaced by Daniel Lewis, a hedge fund manager who had recently joined the company's board.

## Garg's Response Garg claims that Lewis "hoodwinked" him into the CEO role by gaining the board's trust. He has hired lawyer Alex Spiro to help him regain his position, even offering to work for a symbolic $1 annual salary until the company becomes profitable again.

## Company Challenges Better.com has faced significant challenges, including a drop in market value from $8 billion during the pandemic to $300 million. The company has also dealt with a whistleblower lawsuit, an SEC investigation, and a failed SPAC merger.

## Current Situation Despite these setbacks, Garg argues that Better.com is on the path to recovery, with projected sales of $200 million this year. He remains on the board and believes he has enough shareholder support to reclaim his role as CEO. Meanwhile, the company's stock has continued to decline since Lewis took over.

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