This should now bring an end to the delusion of the 'We're a family', 'Stronger together', 'We've graduated!' and 'our incredible journey' nonsense that all these unprofitable startups has pushed with useless 'DEI programmes' which all have been a product of QE and low interest rate mania.

The 'Go woke, Go broke' crowd are now laughing at this executive with the whole bank and the VCs running it into the ground and all the founders left holding a giant loss, which will finally force startups to focus on profitability rather than relying on endless millions of VC cash.