Betr Net Worth

Betr's Drastic Market Capitalization Decline Betr, the sports betting app, is facing a significant crisis. Its net worth has plummeted by a staggering 53.4% year-over-year, a dramatic fall that has sent shockwaves through the fintech industry. This decline, coupled with News Corp's unexpected divestment of its stake despite a recent $70 million investment, raises serious concerns about the company's financial health and future prospects. The situation highlights the inherent risks in early-stage fintech investments, particularly within the competitive and rapidly evolving sports betting market....