Billionaire investor Peter Thiel says he had tens of millions of dollars in Silicon Valley Bank when the lender was seized by regulators last week, despite his own venture fund warning that the bank could be in trouble.
The PayPal co-founder and Republican mega donor has been accused by critics of contributing to the run on the bank that led to SVB’s demise, amid reports that his firm, Founders F…
Read more at foxbusiness.com: Peter Thiel says he had $50M in Silicon Valley Bank when it shut down