Eric Jackson, a hedge fund supervisor who partly contributed to the trading explosion in Opendoor, unveiled his new decide Monday — Better Home & Finance Holding Co.
Shares of Better Home shot up 8.4% after a Jackson put up on X touted the inventory, after the New York-based mortgage lender soared greater than 36% final week. Better Home’s market capitalization was a bit of greater than $500 million as of Friday’s shut, based on FactSet information.
The EMJ Capital president and founder referred to as Better Home “the Shopify of mortgages” and mentioned the corporate is rebuilding a $15 trillion business from scratch utilizing synthetic intelligence. Shopify is a Canadian e-commerce platform.
Better Home & Finance Monday
Jackson famous that newly public blockchain lender Figure Technology Solutions has a a lot larger a number of that Better Home.
“$FIGR just IPO’ed & trades at 19× 2026 sales. BETR trades at just 1× — but is growing faster than FIGR,” he mentioned. “I believe BETR is a potential 350-bagger in 2 years. They laugh at BETR now at $34 like they laughed at CVNA at $3.50 and OPEN at 51¢. But this is no meme.”