𝐖𝐡𝐞𝐧 𝐅𝐢𝐧𝐭𝐞𝐜𝐡 𝐌𝐞𝐞𝐭𝐬 𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞... 𝐀𝐧𝐝 𝐅𝐨𝐫𝐠𝐞𝐭𝐬 𝐭𝐡𝐞 𝐅𝐢𝐧𝐞 𝐏𝐫𝐢𝐧𝐭 CrowdStreet just got hit with a $1 billion class-action lawsuit, and it’s a masterclass in what happens when a tech startup plays in a regulated industry without reading the rulebook. The lawsuit alleges CrowdStreet operated as an unregistered broker-dealer for years, collecting fees while sidestepping investor protections. The spark? The Nightingale Properties fraud, where investors lost $63 million—and now, they want their money back. Lesson of the day? When dealing with investor dollars, "move fast and break things" is a terrible business model. https://lnkd.in/ejhswQDN