Robert ReichMar 11, 2023
Gary Becker, CEO of the Silicon Valley Bank that failed Friday, sold $3.6 million of his own shares in the bank Thursday.
Show threadJenXMar 11, 2023
@rbreich Peter Thiel’s Founder’s Fund withdrew all of its cash from SVB before its collapse. “The fund had no cash in with SVB by Thursday morning, Bloomberg reported.” https://www.businessinsider.in/tech/news/peter-thiels-founders-fund-got-its-cash-out-of-silicon-valley-bank-before-it-was-shut-down-report-says/articleshow/98567263.cms
Peter Thiel's Founders Fund got its cash out of Silicon Valley Bank before it was shut down, report says

Bloomberg reported that Thiel's VC fund took all its cash out of SVB after encountering problems with transfers during a "capital call."

Business Insider
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@JenX @rbreich @DemocracyMattersALot No justice unless this douche does time for acting on the news and starting the run.
Mar 12, 2023 at 1:29amWeb