Peter Thiel, Tech Billionaires Back New Bank for Start-ups, Erebor, After SVB Collapse: Report
Peter Thiel has joined a group of prominent tech billionaires backing a new US bank called Erebor, aimed at replacing the role once filled by Silicon Valley Bank, whose collapse in 2023 left a vacuum in financing for start-ups and crypto firms. The proposed bank is the brainchild of Palmer Luckey, founder of defence contractor […]