Palmer Luckey on Why He Started Erebor After SVB

.@PalmerLuckey explains in detail why he got serious about starting Erebor after SVB's collapse: "I realized you didn't have banks aligned with US interests, aligned with deep tech, hard tech, energy, things that are really complex and hard to understand, but do really matter." "You have farmers' banks that serve communities that are doing agriculture. You have banks that are doing oil and gas quite well. But when it comes to tech, it's a pretty sparse field." "Thinking about that, and also a lot of things that new technology enables — like using US dollar-backed cryptocurrencies to have 24/7/365 settlement of payments, which is something a lot of businesses need and very few get." "You kind of stack all these things together and it becomes very clear that there's room for a company to be a real bank, for real companies, doing real things."