Silicon Valley Funding News - Week of July 18, 2022. SingleStore Raised $116M led by Goldman Sachs

Warren Buffet has this famous saying  👉 Be fearful when others are greedy, and be greedy when others are fearful.

Here's 5 great reads for this week:

• 😱 Valuations are way down - Klarna just raised $800M as valuation plunges 85% from $46B to $6.7B.  Stripe also slashed valuation from $95 billion to $74 billion.
• 💰 Is SBF following Warren Buffet’s play book? In the past 60 days, SFB acquired Bitvo (Canadian Exchange), BlockFi for $25M (was valued at $3B) and 7.6% stake in Robinhood. It's time to buy! 
• 📺 Edith on Bloomberg - Emily Chang invited me back to the Bloomberg San Francisco studio this week. It was fun but strange to be back doing an in person interview.  My 2 cents 👉. China is definitely missing on Web3 and Crypto. Watch here.
•  👍 Crypto use cases. SBF's thought on different 1) Payment 2) Market Structure and 3) Social Media use cases. Good read. 
• 👨 Startup vs Big Company People  Read more

This week a total of 21 startups raised $560.7M in funding, 1 M&As:

• $344M goes to 10 Enterprise startups
• $24.7M goes to 3 Crypto/Blockchain startups
• $40M goes to 1 FinTech startup
• $30M goes to 1 Drone Management startup
• $25M goes to 1 FoodTech startup
• $57M goes to 2 BioTech startups
• $40M goes to 3 Healthcare startups