Odds and Ends 

Payment service Toss becomes Koreas newest unicorn after raising $80M

South Korea has got its third unicorn startup after Viva Republica, the company beyond popular payment app Toss, announced it has raised an $80 million round at a valuation of $1.2 billion. This new round is led by U.S. firms Kleiner Perkins and Ribbit Capital, both of which cut their first checks for Korea with this deal. Others participating include existing investors Altos Ventures, Bessemer Venture Partners, Goodwater Capital, KTB Network, Novel, PayPal and Qualcomm Ventures. The deal comes just six months after Viva Republica raised $40 million to accelerate growth, and it takes…

Read More
Odds and Ends 

A Twitter employee groomed by the Saudi government prompted 2015 state-sponsored hacking warning

An explosive report in The New York Times this weekend sheds new light on the apparent targeting of Twitter accounts by “state-sponsored actors” three years ago. It comes in the wake of the confirmed death of Washington Post journalist Jamal Khashoggi on Friday, two weeks after he disappeared in the Saudi consulate in Istanbul. Khashoggi had long been a target of a Saudi troll army, according to the report, which employed hundreds of people to stifle the speech of government critics, like Khashoggi, who left the kingdom to live and…

Read More
Odds and Ends 

Inside the pay-for-post ICO industry

In a world where nothing can be trusted and fake news abounds, ICO and crypto teams are further muddying the waters by trying – and often failing – to pay for posts. While bribes for blogs is nothing new, sadly the current crop of ICO creators and crypto projects are particularly interested in scaling fast and many ICO CEOs are far happier with scammy multi-level marketing tricks than real media relations. The worst part of this spammy, scammy ecosystem is the service providers. A new group of media organizations are…

Read More
Odds and Ends 

Apple is rebuilding Maps from the ground up

I’m not sure if you’re aware, but the launch of Apple Maps went poorly. After a rough first impression, an apology from the CEO, several years of patching holes with data partnerships and some glimmers of light with long-awaited transit directions and improvements in business, parking and place data, Apple Maps is still not where it needs to be to be considered a world-class service. Maps needs fixing. Apple, it turns out, is aware of this, so it’s re-building the maps part of Maps. It’s doing this by using first-party data…

Read More