Research: Chinese investment in US VCs reached ~$880M in 2022, the second-highest level in 12+ years; China-linked groups invested $4B+ in US VCs since 2010 (Heather Somerville/Wall Street Journal)

Kate Clark / The Information:
SBF quietly invested $500M+ in Paradigm, Altimeter, and other VCs, including, sources say a $200M commitment to Sequoia, and $300M to K5 per PitchBook  —  FTX founder Sam Bankman-Fried was not only a tireless fundraiser from venture capital firms including Paradigm and Sequoia Capital …

Heather Somerville / Wall Street Journal:
PitchBook: VCs raised $151B across Q1, Q2, and Q3 2022, exceeding any prior full-year cycle, concentrated among large funds at Sequoia, Lightspeed, and others  —  Limited partners who back venture funds still seek access to startups, which have outperformed other asset classes during recessions

Heather Somerville / Wall Street Journal:
Filings: TuSimple co-founder Mo Chen consolidates power, acquiring 59% of the voting stock, as the US investigates the self-driving trucking company  —  Federal authorities continue to investigate entity’s relationship with a Chinese startup tied to co-founder Mo Chen

Financial Times:
Fears of Chinese retaliation and regional tensions are hampering US efforts to rally South Korea, Japan, and Taiwan behind the “Chip 4” semiconductor alliance  —  Internal tensions and concerns over China undermine proposed grouping with South Korea, Japan and Taiwan

Bloomberg:
A book excerpt details Netflix’s shift from DVDs and tensions with HBO, which took a hard line on streaming rights, leading Netflix to make its own content  —  Jeffrey Bewkes scanned his mind, searching for the perfect war metaphor.  —  It was December 2010.

Bloomberg:
A look at the mounting challenges for Lingang, a Shanghai suburb meant to be China’s next Silicon Valley, amid an economic slowdown and geopolitical tensions  —  This article is the fourth in an occasional series about the New Geography of Technology.  You can read the first installment on Milan here …