Bessemer Venture Partners raised $4.6B for two new funds in August: $3.85B for young startups, the firm’s biggest fund to date, and $780M for PE buyouts (Kate Clark/The Information)

Ingrid Lunden / TechCrunch:
Atomico: European startups are on track to raise $85B in 2022, down from $100B+ in 2021; the European tech industry lost ~$400B in value, dropping to $2.7T  —  Startups across Europe are on track to raise $85 billion in funding this year — a drop of $15 billion on 2021 levels …

Naoto Hosoda / Bloomberg:
Chip-related stocks slump in Japan, South Korea, and Taiwan after US curbs on China; the PHLX chip index fell to its lowest level since November 2020 on Monday  —  Chip-related stocks in Japan, South Korea and Taiwan slumped as traders returning from Monday’s holidays reacted …

Berber Jin / Wall Street Journal:
Accel, Lightspeed, Sequoia, a16z, and other firms are increasingly buying public tech stocks, capitalizing on low prices, as the private startup market stalls  —  Startup investors, known for making risky bets on unproven companies, are taking advantage of lower share prices following a market rout

Wall Street Journal:
Robinhood launches Investor Index, updated monthly, to track the performance of the 100 most popular stocks in its app, weighting users’ “conviction” in them  —  Robinhood Markets is launching an index to track the favorite stocks of its millions of predominantly young, social-media-savvy customers.

Jeffrey Dastin / Reuters:
In a first, Amazon plans to give $150M through 2023 to 10+ outside VC funds to invest in underrepresented startup founders at or before the seed stage  —  Amazon.com Inc (AMZN.O) is investing in outside venture capital funds for the first time, saying on Wednesday it planned to hand $150 million …

@bitech:
[Thread] A founder of a tech startup describes how he made ~$200K last year as a side hustle by ghostwriting tweets for venture capitalists  —  👻 Ghostwriting tweets for venture capitalists is the side hustle of the founder of a tech startup (who asked to remain anonymous). Last year he made about $200,000. Here’s how he did it, as told to Insider’s @Schwartzesque. 👇 https://www.businessinsider.com/ …