Global advertising agency 72andSunny is facing backlash after launching a new app that critics say mimics Spill, a Black-owned next generation social platform designed to put culture first. According to Kenya T. Parham, Spill’s Chief Growth Officer, 72andSunny’s Amsterdam office unveiled an app called SPIL*, which shares striking similarities with Spill. In a now-deleted LinkedIn post, the agency described SPIL as “a new type of news brand, made specifically for Gen Z in Europe.” Several Spill community members voiced their disappointment directly on the agency’s LinkedIn post before it was
Spill is inviting its members to become investors. The social media platform announced that it is launching an equity crowdfunding round, allowing users to invest in the company as it grows. The crowdfunding round opened on March 10. “While we’ve been successful in raising venture capital for SPILL, we are a community driven product and believe strongly that the community that helps us grow in the early stage should have the opportunity to benefit as well,” it said in a press release. Spill’s crowdfunding round Spill is inviting users to
Emmy-winning actress Kerry Washington has invested in Spill, a Black-owned social media platform that aims to create safer spaces for historically marginalized groups, including LGBTQIA+ and people of color. Founded by two former Twitter employees, Alphonzo “Phonz” Terrell and DeVaris Brown, Spill positions itself as a next-generation social platform that puts culture first. Kerry Washington Backs Spill With Spill, Washington is not only an investor but also an enthusiastic user. “In a digital world where marginalized groups, especially Black, Brown, and LGBTQIA folks, rarely feel prioritized, Spill stands out,” she shared
Aphonzo Terrell, who was laid off from Twitter last year, confirmed that his app Spill, which gained popularity within the Black community, has recently raised a $2M extension round and had celebrity investments. The Spill App Terrell and DeVaris Brown – CEO and CTO of Spill – are both former Twitter – now known as X – employees. The two met on their first day working at Twitter after noticing they were the only Black guys on their team. However, when Elon Musk bought Twitter, Terrell was laid off from
Spill, a new social platform, has recently launched in beta on iOS and has quickly gained popularity within the Black community. Its surge in users can be attributed in part to Elon Musk’s announcement to limit the number of daily tweets visible on Twitter as well as several technical mishaps in recent months. What is Spill? The platform is invite-only while in beta and has been described as a visual-first, multimedia microblogging app with an interface similar to Tumblr. The app has a live news feed and allows people to
From a mere idea to becoming the chosen social media platform for many, Spill is on the road to becoming one of the most inclusive social platforms. Earlier this week, founders Alphonzo Terrell and DeVaris Brown announced the close of their $2.75M pre-seed funding round for the social platform Spill. The pre-seed funding round Even though Black founders tend to go unnoticed when seeking venture capital funding for their business, Terrell and Brown were able to sell their business model to investors in just 10 minutes. The funding round, which was co-led by MaCVentureCap and Kapor Center, also
Are we leaving Twitter or not? That’s the question many Black Twitter users have been asking themselves for months now. The only problem is, where exactly will we be leaving to go? What is Spill? Enter: Spill. The social media app, designed by former Twitter employees, Alphonzo “Phonz” Terrell and DeVaris Brown, is slowly becoming the chosen alternative for many. The pair who met on their first day working at Twitter made friends after noticing they were the only Black guys. Their friendship has since blossomed into a partnership that led
TikTok and Issa Rae’s HOORAE are launching a new micro-series of content available on TikTok and PineDrama. HOORAE Digital has produced the first series, Screen Time, which launches later this month, according to a press release. This collaboration marks a return to Rae’s digital roots, she said at TheWrap’s Creator x Hollywood Summit. She added that her team created Screen Time for today’s content audience, with the series launching across TikTok and PineDrama. Issa Rae launching a series on TikTok Screen Time opens with a couple on a double date, only to be
Paystack, the Nigerian fintech owned by Stripe, reorganized its businesses under a new holding company, The Stack Group, in Nigeria this week after reaching group profitability. The new structure places four businesses under TSG: Paystack’s core merchant payments business, the consumer payments app Zap, Paystack Microfinance Bank, and a venture studio known as TSG Labs. The shift reflects a strategic move to manage risk, regulation, and ownership across distinct financial products. A Holding Company Model to Contain Risk and Regulation By adopting a holding company structure, Paystack has separated payments,
Cheersy, a digital platform connecting engaged couples with quality day-of wedding coordinators, secured $550,000 in a pre-seed financing round led by Kerry Washington. Other angel investors and advisors include Jennifer Gilbert, Founder of Save the Date®, Elizabeth Cutler, Co-Founder of SoulCycle and Peoplehood, and Christina Tosi, Chef and founder of Milk Bar. A digital wedding marketplace for couples Cheersy Founder and CEO Amy Shack Egan founded Modern Rebel, a NYC-based full-service wedding planning business. After it received strong demand, she wanted to build a digital marketplace where couples could experience the unique wedding
