3.6 C
New York
Saturday, March 28, 2026
spot_img

Tag: Union Square Ventures

Peter Thiel: Did He Or Did He Not Pull The Trigger For The Bank Run?

Currently, the industry is searching for the culprits of the banking run that brought down first California's Silicon Valley Bank (SVB) and then New York's Signature Bank. Bank run works through mass psychology that prominent influencers can easily trigger, especially in a nervous market environment. Some say it was the comments and recommendations of influential that tech mogul Peter Thiel triggered the run on SVB. However, Thiel claims he himself lost $50 million with the SVB collapse.

Defend Crypto Crowdfunding Campaign – Messaging Service Kik fights SEC’s ‘Innovation Tax’

During the ICO hype in 2017, Canadian messaging app Kik raised about $100 million in an ICO with the...