Mortgage tech company Blendincurred a whopping $769 million loss in 2022, leading some mortgage tech analysts to question the company's runway and survivability.Nima Ghamsari, CEO and co-founder of Blend, acknowledged that the company was focused on "too many things" a year ago.But Blend is now focused on cutting costs, growing its mortgage business and its Blend Build platform - which Ghamsari noted will be the future platform of mortgages and consumer banking products.
#people #years #combination #perspective #successfully #functionality #acquisition #wall-street #profitability
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