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There are probably thousands of VCs and even more startups who had accounts with SVB. You are telling me, Peter Thiel saw this before anyone else did? This ind
by jsnk 4y ago
There are probably thousands of VCs and even more startups who had accounts with SVB. You are telling me, Peter Thiel saw this before anyone else did?
This indictment only shows how good Peter Thiel is at his job.
- ratsmack 4y agoEveryone saw the same quarterly report saying that they (SVB) took a $1.8b hit and needed to raise capital via a stock offering. Peter Thiel decided to move his funds elsewhere. Does that make him the bad guy?