Episode

Snap Exits Launch Ghost Angels Fund

Podcast
Business News Today | 2 Min News | The Daily News Now!
Published
May 30, 2026
Duration seconds
98
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Summary

Twenty former Snap employees just launched Ghost Angels, a stealthy $100M+ fund betting big on the next generation of social media startups. Led by Max Rivera, ex-global partnerships head, the crew—featuring Snap veterans like Alexandra Levitt and Will Wu—is backing 15+ new ventures this year, focusing on AI-driven platforms that reimagine connection. They’re drawn to lean, fast-moving founders who’re ditching ads for subscriptions, tokens, and performance-based models—and are quietly funding startups in music, gaming, sports, and fashion to rebuild social media’s soul. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/d16f23e177829e06