A lot of political donations and a darling of the media.
Well NYT (along with multiple other outlets) are currently trying to paint it as a $10B oopsies, so you know how that's going.
Shows how much you can trust the media nowadays.
takes more than a week
That’s what everyone said about Trump.
Probably will soon? See Elizabeth Holmes.
Got bailed out by Scott Alexander.
?
Aren't all founders doing this on some level?
Most bank founders don’t directly dip into customer funds to the point of bankruptcy, and if they do, the FDIC has an insurance policy for each customer, at least up to $250k.