How Mindstrong’s rush to roll out a ‘smoke alarm’ for mental illness led to its downfall

The mental health startup Mindstrong had the makings of a trailblazer in the field: top-tier leaders from companies like Google and Uber with expertise in neuroscience, medicine, and computer science. About $160 million from the same heavyweight Silicon Valley investors who bankrolled industry-shifting companies like Warby Parker and Airbnb. And an alluring pitch to stave off mental health crises with technology. But now, the company that trumpeted an innovative digital “smoke alarm” has collapsed.