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The co-founders of mobile gaming company Kabam, including former CEO Kevin Chou, have launched a new company that will both own and manage Korean esports teams. It's called KSV eSports, and so far is being bootstrapped by the company's founding team in Korea and Silicon Valley.

  • History: Kabam was an early tech "unicorn," being valued at over $1 billion in mid-2014. It ultimately sold most of its assets late last year for around $800 million, after a history that included three "near death" experiences. Its games included the popular Marvel: Contest of Champions
  • Mission statement, from KSV website: "KSV is an eSports collaboration between Silicon Valley and Seoul, combining the skills and dedication of the Korean eSports culture backed by the investment and global reach of California's Silicon Valley. We take pride in our vision of creating and guiding homegrown Korean eSports teams into champions on the international stage."

Go deeper

Scoop: Inside the GOP's plan to retake the House

House Minority Leader Kevin McCarthy. Photo: Elijah Nouvelage/Bloomberg via Getty Images

House Republicans will reclaim their majority in 2022 by offering candidates who are women, minorities or veterans, a memo obtained by Axios says.

Why it matters: The document, drafted by a super PAC blessed by House Minority Leader Kevin McCarthy, names top Democrats to target — Jared Golden of Maine, Matt Cartwright of Pennsylvania and Ron Kind of Wisconsin — and the type of Republican candidates to beat them.

Scoop: Trump talked out of early Ohio endorsement

Jane Timken at a 2017 Trump rally. Photo: Kyle Mazza/NurPhoto via Getty Images

Donald Trump had to be talked out of making an early endorsement in Ohio's 2022 U.S. Senate race, a sign of his eagerness to reengage politically, people familiar with the conversations tell Axios.

What we're hearing: The former president discussed endorsing former state GOP chair Jane Timken last week during a meeting at Mar-a-Lago with RNC Chairwoman Ronna McDaniel, but top advisers — including Donald Trump Jr. — urged him to wait.

Scoop: Parscale launches super PAC

Brad Parscale. Photo: Tom Brenner/Getty Images

Former Trump campaign manager Brad Parscale has founded a new super PAC and sister advocacy group, public records show.

Why it matters: The groups will allow Parscale himself to back candidates aligned with Donald Trump ahead of the 2022 midterms. They could also be used to deploy his new political data firm and harvest vital voter information for other clients.