Erebor

Peter Thiel is best known to many investors as the co-founder of PayPal Holdings (NASDAQ:PYPL) and Palantir Technologies Inc (NASDAQ:PLTR). Other investors may recognize Thiel's name thanks to the early days of social media platform Facebook or for his current role in the cryptocurrency sector....

Peter Thiel's fascination with J.R.R. Tolkien's "The Lord of the Rings" isn't just a personal quirk — it's a strategic theme that runs through his business empire.  From Palantir to Anduril and now Erebor, Thiel's ventures borrow their names from Middle-earth and reflect his ambition to shape the...

Defense tech billionaire Palmer Luckey is spearheading the launch of Erebor, a digital-only bank targeting startups, cryptocurrency businesses, and defense contractors left underserved after Silicon Valley Bank‘s collapse in March 2023. What Happened: The venture brings together a powerhouse...