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This wunderkind’s first startup went bankrupt, leaving $200 million in customer assets frozen. Yet VCs are still throwing money at him

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Leo Schwartz
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This wunderkind’s first startup went bankrupt, leaving $200 million in customer assets frozen. Yet VCs are still throwing money at him

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Make Money Online Logo of failed company Synapse breaking into shattered pieces

The spectacular collapse of Synapse.

Illustration by Fortune; Images from Getty- Rost-9D, Xuanyu Han, Jose A. Bernat Bacete

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