The fall of the SVB also tells a certain story of Silicon Valley. One of the characters in this story has had a central role in the development of this pole of technology industries in recent decades. This man, however, we talk about him very little. His name is peter thiel. This American-German-New Zealand billionaire is at the origin of Paypal, an electronic payment system, with Elon Musk. But quickly, Peter Thiel becomes what is called a “venture capitalist”a venture capitalist.
In 2004, he had a very fine nose: he met a student named mark zuckerberg. He lends him $500,000 to launch his good idea. Peter Thiel is the Facebook’s first investor. He will then put marbles in AirbnbIn Space X,…
In the wake of the September 11 attacks, he created Palantir Technologies, a mysterious Big Data surveillance company, funded by the CIA’s venture capital fund. Used by the intelligence services of many countries, it is suspected of being the eye of the CIA.
Peter Thiel is a conservative, a transhumanist. He was an adviser to donald trump. He got into politics with the Republican Party. A Silicon Valley ideologue, he enjoys enormous influence.
Several American journalists wonder if Peter Thiel was not the spark that ignited the powder in the bankruptcy of the SVB. This is what the economic media reveals Bloomberg. Peter Thiel owns an investment fund called ‘Founders Fund’. Last week, this fund launched a call for investment from partners, so that they finance a company in which it believed. But surprisingly, the funds are not transferred. Sensing that there is a problem, Peter Thiel’s company decides to withdraw its millions of dollars which are on deposit in the bank. A CNN journalist for his part dropped that by acting in this way, Peter Thiel was giving a “kiss of death” at the bank. Because if Peter Thiel withdraws his capital, all the shareholders, the leaders of high-tech start-ups, do so.
