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My last job's [1] basic premise was trying to get around this by using their VC money to simply buy a struggling-but-still-FDIC-approved bank, and then try and
by tombert 2y ago
My last job's [1] basic premise was trying to get around this by using their VC money to simply buy a struggling-but-still-FDIC-approved bank, and then try and make a fintech on top of that. It seems like that skirted a lot of the issues that most fintechs have to deal with.
[1] It is not hard to find my work history but I politely ask you do not post it here.