Silicon Valley Funding News - Week of April 11, 2022. Remote Raised $300M Series C led by SoftBank Vision Fund

Happy Monday!

I am heading to the Bahamas!  This will be my first time visiting the island and I can't wait!  The Race team and I will be co-hosting an invite-only event with Sequoia Capital at CryptoBahamas.  Want an invite?  Ping me =)
 
Here's 5 great reads for this week: 

• 💰 Peter Thiel Bitcoin Speech ₿  - Peter labeled Warren Buffett, Jamie Dimon, Larry Fink, Blockchain and ESG supporters as "enemies" for Bitcoin. He also said "When you’re thinking ESG, you should be thinking CCP." Thought provoking. 😳  Must watch.
• 🎯  Setting sales target - Good reminder video on setting your revenue target.  I like this tip 👉  When you're ready to hire your first sales rep, hire two.  Good recap on 1) when to set sales target 2) how frequently to set sales targets 3) how to set a winning culture.
• ⚡ Lightning Launched 🍠🍠🍠  Congrats to Elizabeth for raising $70M Series B. Taro is not only going to be my favorite food for the year, it is also a new protocol launched by Lightning Labs (a Race Capital portfolio company) to expand the global reach of Bitcoin by making it multi-asset network.  Elizabeth nailed this Bloomberg interview.
• 🐦 Twitter’s most addicted user is now a board member - and only Elon Musk could do this.  On April 4, 2022, Twitter appointed Elon Musk to the Board of Directors. Elon is also now the largest Twitter shareholder with 9.2% of the stock. Will be fun to hear live tweets from Twitter board meetings.
• 😛  Binance US is now valued at $4.5 Billion- It's so interesting to see Binance following FTX's footsteps by raising funding separately from its international entity. Selling 4% ($200M) of equity with its $4.5 billion valuation is really is more of a statement than a real fundraise.  $200M perhaps is just enough for their legal fees and lawsuits.  

• $188.8M goes to 8 Enterprise startups
• $88.5M goes to 5 FinTech startups
• $265M goes to 4 Blockchain/Crypto startups
• $310M goes to 3 HR startups
• $40M goes to 1 Mobile startup
• $64M goes to 1 Robotics startup
• $50M goes to 1 AR/VR startup
• $15M goes to 1 Construction startup
• $2.8M goes to 1 Real Estate startup
• $8M goes to 1 Manufacturing startup
• $318.5M goes to 5 Healthcare startups
• $21M goes to 2 Other startups