Is It a Bad Business Model or Was It Just a Bad Manager?

The proposition around this kind of disual banking is that the cost would be lower, right? And that's why you saw a bunch of these banks get incredibly high valuations during, like, the last v c bubble. So here's the thing, isn't in the case of marcus, right? Based on what i read in thatb siter article, i mean, it seems to be more failure of execution than of design, right? Going back to the whole start up conundrum, is it like, is it a bad business model, or were you just a bad manager? It does seem to be amazing That bank has been around for five years now, i can't