Sources: Palmer Luckey's Erebor, a lender that aims to fill the gap left by Silicon Valley Bank, is in advanced talks to raise ~$1.5B at an $8B valuation (Financial Times)
Funding values Erebor at $8bn, underscoring growth of lender supported by Silicon Valley investors — A start-up bank backed …
We haven't written up this one. Techmeme has the full story — the link below goes straight to it.
This story
This is one outlet's version. Read the fullest account.