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Vape companies are using tactics straight out of the â60s cigarette ad playbook.
[The Hustle]( Tues, Feb 6
Brought to you by [Soothe]( couples massage relaxation.
Samsungâs disgraced heir just got a âget out of jail freeâ card
Last August, Samsungâs de facto leader, Lee Jae-yong, was [sentenced to 5 years in prison]( for his role in a massive bribery scandal that ended with the impeachment of the South Korean president.
But yesterday, in a less-than-shocking twist, his [sentence was suspended]( and he walked away a free man.
Lee is the latest in a long line of crooked business execs that South Korea has failed to hold accountable -- and his early release doesnât bode well for the countryâs global business reputation.
It started with Choi-gate
The scandal Lee was involved in, dubbed â[Choi-gate]( unraveled back in late 2016, when Choi Soon-sil, a top advisor to ex-South Korean President Park Geun-hye, was accused of bribing businesses with favors in exchange for donations to a ânonprofitâ foundation.
Lee -- then Samsungâs heir apparent -- was found guilty of âdonatingâ more than $27m to Choiâs foundation (including a [$900k horse]( and equestrian training for Choiâs daughter) in exchange for a sign-off on a big merger.
Too big for justice
Initially, Lee was handed a 5-year prison sentence -- and for once, it seemed South Koreaâs corrupt business leaders would finally have to face the music.
But alas, that was wishful thinking: yesterday, an appeals court reduced Leeâs sentence from 5 to 2.5 years, then, to the chagrin of protesters, suspended it altogether.
Itâs a common tale in South Koreaâs business landscape
South Koreaâs economy is highly dependant on a group of family-run conglomerates, or â[chaebol]( (âwealth cliqueâ in Korean).
The 10 biggest chaebol own more than a quarter of Koreaâs business assets; Samsung, the largest smartphone maker in the world, is the crown jewel.
Corruption is rampant in the chaebol world, and over the years, many executives (including Leeâs father) have been tried in the courts for bribery. And, like Lee, the majority of these execs end up with suspended sentences, free to return to their businesses.
Lee will likely return to his post -- and Samsungâll keep on singinâ.
Lee is free
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We are living in the golden age of vape advertising, but for how long?
Over the past decade, vaping has been labeled as a âhealthier alternativeâ to smoking cigarettes. And in the face of [research that suggests otherwise]( vape companies have adopted marketing strategies reminiscent of  big cigarette companies of the â60s.
E-cig companies -- and a e-cig âinfluencersâ -- are taking advantage of lax online ad regulations by inserting sneaky native ads that fly under the radar on platforms like YouTube.
DonnySmokes is the new Marlboro Man
Yesterday, [Vice]( published an article about a lanky 21-year-old who, under the YouTube moniker âDonnySmokes,â posts reviews of e-cigs and reels in 3m monthly views from 120k subscribers.
E-cig brands pay DonnySmokes a substantial flat fee for a review in the hopes of reaching their target audience.
This kind of subversive marketing is part of a much wider net cast by the vaping industry: in 2014, e-cig companies spent [$115m]( on ads, and by 2014, about [â
]( of teens in the US had seen one.
A new frontier
Back in the â60s, brands like Marlboro and Camel used TV ads and the âcool factorâ to hook young people on cigarettes. But by 1971, cig ads were banned on television -- and today, these companies operate under strict marketing regulations.
In the (relatively) new frontier of the internet, e-cig companies are taking similar liberties, with less restrictions.
Couched in topics like âhow to hide your JUUL from your parents,â DonnySmokesâ ads are often not marked as sponsored, and are aimed at a very young crowd who might have trouble distinguishing between a native ad and a genuine review.
[Foolâs gold rush](
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Infarm raises $25m to bring fresh produce to cities across Europe
âUrban-farmingâ company Infarm has raised a [$25m]( Series A led by the London-based VC firm Balderton Capital to let grocery stores grow their own produce.
The round of funding brings the Berlin-based startupâs funding to a total $35m, including a $2.5m grant from the European Commission as part of the Horizon 2020 program -- the EUâs [largest]( research and innovation initiative.
âItâs my kale in a boxâ
Founded in 2013, Infarm created an âindoor vertical farmingâ system that can grow a plethora of vegetables like herbs and lettuce, as well as fruit, in small, modular greenhouses.
Once grown, the mobile farming units are then [placed]( in city locations like grocery stores, restaurants, shopping malls, and schools, allowing the customer to literally pick their own produce.
But, the setup isnât just the ultimate gimmick for uber-organic, âpick-your-ownâ melonheads, according to Infarm, itâs about âdisrupting the highly wasteful and inefficient produce supply chain as a whole.â
Theyâre picking up steam
The company now has more than [50 farms]( up and running, including locations in 2 of Germanyâs largest supermarket chains.
According to the company, their new capital will help them expand into Paris, London, and Copenhagen, as well as other German locations later in the year.
[Infarmers Only](
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Early employees of Facebook and Google band together to âfightâ their creations
A group of high-profile Silicon Valley investors and early employees of Facebook and Google have formed a coalition to battle tech addiction and hold big tech companies accountable for their impact on our psyches -- after â[profiting enormously]( from them, of course.
The group, called the [Center for Humane Technology]( will lobby for anti-tech addiction legislation and launch an ad campaign titled âThe Truth About Techâ to 55k public US schools.
Among those leading the CHT charge are Tristan Harris, a former ethicist at Google, Justin Rosenstein, the inventor of Facebookâs âlikeâ button, and Roger McNamee, an early Facebook investor.
Big tech is having an identity crisis
First it was Mark Zuckerbergâs vision quest across America, followed by sweeping algorithm changes to fight fake news.
Then it was Appleâs investors, Facebook co-creator [Sean Parker]( and most recently Tim Cook taking a stand against tech addiction.
One-by-one, [major players have been stepping forward]( to speak out against the social media machine, either out of guilt, spite, or, as McNamee puts it, an [opportunity âto correct a wrong](
Meanwhile, cable TV also spies an opportunityâ¦Â
Cable providers like Comcast and DirecTV are capitalizing on not being child brain-melter #1 in the eyes of the public for once. Theyâre working with media watchdog group Common Sense Media to give the CHT $50m in free airtime for their campaign.Â
"Remember the good old days? You know, when we all plugged into the tube as a FAMILY?" -- Cable TV
[DARE to say no to tech](
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from our toolbox
Note: These are not advertisements or affiliate links. The Toolbox section is where we write about products that we truly love and have used for starting/growing our business.
âWe have gone to exceptional lengths to hire the best people in the world." -- Steve Jobs
Last week, a reader asked what tools The Hustle uses for hiring. The answer actually depends on another question: how much money do ya got?
Here are a couple setups that have worked for us at different stages of growth:
The cheap way: [Asana]( + [Zapier]( + [Wufoo](
We did this early on and it worked wonderfully.
Create a Wufoo form to collect applicant info. Embed the form in the job listing on your site. Create an Asana [board]( with labeled columns: âApplied,â âContacted,â âInterview Setup,â âHired,â âPass.â
Using Zapier, connect Asana and Wufoo⦠(instructions [self-explanatory]( during setup). Folks who apply are automatically added to the board. Make a new board for each role.
Free, easy, and effective.
The not cheap way: [Lever](
The 2 big ones Iâve used are Greenhouse and Lever, but there are thousands of others. And truthfully, theyâre all super similar.
I love Lever most because of their [Chrome extension](. It lets you browse folks on LinkedIn, quickly add them to your job listing, and automatically email them. Makes outreach simple and fast.
The biggest downside to Lever is that they hide the pricing online. My god, I hate that. Pricing for us (~20 people) is around $400 a month -- comparable to most others.
At the end of the day, the difference between the cheap and not cheap ways is convenience. Want to save at least per 10 minutes per job interview with auto scheduling, feedback, and follow up emails? Use Lever.
What other tools should I write about? Let me know in the [comments here](.
-- Sam, VP of firm handshakes
[Spread the word â](
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