After raising $100M, AI fintech LoanSnap is being sued, fined, evicted | TechCrunch

Summary

The article from TechCrunch discusses the trouble-ridden trajectory of AI mortgage startup LoanSnap, co-founded by Karl Jacob and Allan Carroll, involving financial woes and multiple lawsuits. Despite raising significant funds from notable investors like Reid Hoffman, the company struggles with operational issues. The mention of Web3 and related tags emphasizes Jacob's previous involvement in tech startups, including those exploring Web3, and how his reputation maybe misleading investors.