- Peter Thiel’s venture capital fund, Founders Fund, withdrew all its cash from Silicon Valley Bank (SVB).
- This was in response to problems with transfers during a capital call.
- The withdrawal was reported by Bloomberg.
Peter Thiel’s Founders Fund withdraws cash from Silicon Valley Bank before closure
- Peter Thiel’s venture capital fund, Founders Fund, withdrew all its cash from Silicon Valley Bank (SVB).
- This was in response to problems with transfers during a capital call.
- The withdrawal was reported by Bloomberg.
[Via]
