TechCrunch, September 6, 2015
Facebook, Google and Twitter have to deal with outrageous amounts of spam and abuse. They hire teams of engineers to stop trolls, outwit bad actors and otherwise keep their walled gardens free of misanthropes. It’s a costly business.
Pete Hunt, Josh Yudaken and Julian Tempelsman worked on anti-fraud technologies at Facebook, Instagram and Google; they dealt with phishing, hacking and other challenges on a daily basis. Huge teams of Full-Time Employees, or FTEs, are charged with stopping these attacks at other companies, and it’s easy to imagine millions of dollars per year being spent on the problem. When Hunt, Yudaken and Tempelsman realized that most startups couldn’t afford to have anti-abuse teams of that scale, they quit to start a company called Smyte.
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