Anyone who ever interviewed at swan knows they paid like shit unless you were an influencer who would let them use your brand.

To run out of money with such low employee costs compared to competition who pays market rates is very impressive indeed. I wonder where the money went?

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The whole influencer army they seemed eager to muster always seemed like a high time preference approach to marketing. And hearing Klipstein talk about limiting their trading/hedging to low-leverage instruments was another red flag.