Eric Jackson, a hedge money manager who partly contributed to the trading detonation successful Opendoor, unveiled his caller prime Monday — Better Home & Finance Holding Co.
Shares of Better Home changeable up 8.4% aft a Jackson station connected X touted the stock, aft the New York-based owe lender soared much than 36% past week. Better Home's marketplace capitalization was a small much than $500 cardinal arsenic of Friday's close, according to FactSet data.
The EMJ Capital president and laminitis called Better Home "the Shopify of mortgages" and said the institution is rebuilding a $15 trillion manufacture from scratch utilizing artificial intelligence. Shopify is simply a Canadian e-commerce platform.
Better Home & Finance Monday
Jackson noted that recently nationalist blockchain lender Figure Technology Solutions has a overmuch higher aggregate that Better Home.
"$FIGR conscionable IPO'ed & trades astatine 19× 2026 sales. BETR trades astatine conscionable 1× — but is increasing faster than FIGR," helium said. "I judge BETR is simply a imaginable 350-bagger successful 2 years. They laughter astatine BETR present astatine $34 similar they laughed astatine CVNA astatine $3.50 and OPEN astatine 51¢. But this is nary meme."