The application for Erebor, to be headquartered in Columbus, Ohio, outlines a digital-only model, with a secondary office in ...

Thiel is just one backer. The leader of the pack is reported to be Palmer Luckey, the founder of Anduril (another company ...

Silicon Valley billionaires plan to start a new lending bank focused on crypto currency and tech companies in Columbus. Ohio ...

To be named Erebor, the bank would be backed by high-profile tech investors including Joe Lonsdale, the founder of venture ...

A group of prominent tech billionaires, including Palmer Luckey, Joe Lonsdale, and Peter Thiel’s Founders Fund, is backing a ...

Stories about Soham Parekh, a software engineer that simultaneously works at several startups, have gone viral in the last ...

A group of billionaires led by Peter Thiel plans to launch Erebor, a new bank serving startups and crypto firms, aiming to ...

Silicon Valley Bank, the 16th largest bank in the country, failed on Friday and was taken over by the FDIC, after a run on the bank Wednesday and customers withdrew $42 billion of deposits by ...

Silicon Valley Bank’s rapid fall this month initially felt cataclysmic for the Bay Area’s startup industry. Less than three weeks later, news of the bank’s purchase by First Citizens Bank ...

Silicon Valley Bank did business with well-known tech companies including Shopify, Pinterest, Fitbit and thousands of lesser-known startups, in addition to established venture capital firms, ...

I recently reviewed the factors that led to the collapse of a once-prominent banking institution. In my role as CEO and financial advisor, I have seen many shifts in the market. I feel compelled to ...