There are plenty of red flags in the article but the part about Lambda selling the ISAs removing their incentive is BS - their long term incentives are clearly

There are plenty of red flags in the article but the part about Lambda selling the ISAs removing their incentive is BS - their long term incentives are clearly still aligned because they won’t be able to continue selling ISAs if they don’t deliver. Selling the ISAs presumably just helps with cash flow. That said it makes one wonder why a company that’s raised 9 figures needs to worry about cash flow.