This week in everything from the ASX to Silicon Valley
WEEK STARTING AUGUST 20
Finally, headlines that aren't about Peter Dutton. Dig in:
AUSTRALIAN FINTECH
Singapore VC 'Qualgro' is raising a $100m fund, wants to focus on Australian investments
Afterpay is expanding to the UK
Fun fact: 24% of Afterpay's income comes from late fees
Coca-Cola ventures 'Amatil X' backs 'Doshii'. Doshii is a middleware platform that connects systems for small businesses. Think how many apps a cafe would deal with - MealPal, EatClub, HeyYou, Uber Eats, POS, Xero etc - Doshii can aggregate all these apps via an API and provide a single interface (yes, you could argue that is still an additional system) - but it saves having 3 different iPads, merchants, terminals etc. Genius.
Farm management software 'AgriWebb' secures $14m funding
BIG TECH
Venezuela tied its currency to a state-run cryptocurrency called 'the Petro'
Long read: why the Petro is a scam
Slack raises $427m Series H funding round at a $7.1bn valuation. And I thought The Simpsons had too many series'
POTPOURRI
NBN appoints a new CEO. Will he go to the premises or to the curb?
Russian trolls targeted Australian voters using #auspol and #MH17
Long read: What happens behind the scenes when you press play on Netflix
SATIRE
Turnbull Shocks Cabinet And Plays Hidden Immunity Idol
TRIVIA
(answers @ bottom of the email)
(a) How many ways are there of being out in cricket?
(b) Why are Boeing aeroplanes named 7-something-7?
(c) What are the only four US states who's names contain the letters "U", "S" and "A"?
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