Better SPAC Presentation Deck slide image

Better SPAC Presentation Deck

Highly attractive initial valuation EV / 2022E Revenue EV / 2022E Revenue / 2022E Growth Better 2020A 2022E Revenue CAGR EV / 2022E EBITDA EV / 2022E EBITDA / 2022E Growth 2020A 2022E EBITDA CAGR 2.5x Better 0.03x 75.2% 9.4x Better 0.04x 55.9% 8.5x PropTech doma¹ Hippo ² doma 0.21x 32.6% NM PropTech Hippo NM NM 13.0x Tech-Driven Lenders SoFi OpenLending affirm Sunlight Financial Upstart 0.38x Note: multiples presented are solely based on the logos shown in each category and do not represent a broader index. Source: FactSet, company filings. Market data as of May 7, 2021. 1. Represents EV / Retained Premiums and Fees. 2. Represents EV / Earned Premiums. 55.4% 36.2x Tech-Driven Lenders SoFi OpenLending affirm Sunlight Financial Upstart 0.97x 81.8% 6.9x Real Estate Technology BLACK KNIGHT CoreLogic 1.83x 7.5% 15.6x Real Estate Technology BLACK KNIGHT CoreLogic 3.18x 5.3% 3.8x Leading Mortgage ROCKET Companies, Inc. NM (21.0%) 8.7x Leading Mortgage ROCKET Companies, Inc. NM (37.7%) 36
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