Linqto filed for bankruptcy earlier this year after growing aggressively in private market investing.

What’s interesting isn’t just the failure, it’s why it happened: a mix of regulatory shortcuts, over-leveraged marketing promises, and cultural blind spots that scaled faster than compliance could keep up.

I wrote an analysis that breaks down how governance failure unfolded and what it says about fintech’s “move fast” culture.

Curious how others here see this are regulatory bottlenecks the real startup killer, or is it founder psychology that does them in first?