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A collection of 3 posts

88% of Venture-Backed Founders Walk Away With Nothing, Study of Nearly 250,000 Founders Finds

The Study The startup dream now has a denominator. 88% of venture-backed startup founders walk away with nothing, according to a study of nearly 250,000 founders. Researchers from Wharton and the University of Zurich analyzed 157,669 US startups and 248,454 founders from 1987 to 2025, one

Palmer Luckey's Erebor Bank Tops $7 Billion in Deposits

Palmer Luckey's bank is on a tear. Erebor, the tech-focused bank founded by the Oculus creator and Anduril co-founder, has surged to more than $7 billion in deposits since launching in February, adding over $3 billion and more than 500 new customers in just the past

Shark Tank's Kevin O'Leary advises startup CEOs to limit bank deposits

Per Business Insider Shark Tank investor Kevin O'Leary has advised his CEOs regarding limiting bank deposits. This comes in the wake of Silicon Valley Bank's collapse, and the glooming outlook on the banking system as more regional banks have taken a hit. O'Leary warned