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
Black-owned organizations Afropunk, Walk Good LA, and Community Aid Dena have raised over $10 million for Black families displaced by the Los Angeles fires. Since January 7, the wildfires had caused the displacement of over 100,00 people, displaced 12,000 structures, and killed at least 24 people, according to The Guardian. The fires have significantly impacted Black communities in LA. The New York Times reported that although only 8% of the general population of LA is Black, 21% of the residents affected by the fire in Altadena are Black people. Which
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
