Former Snap employees create Ghost Angels fund to support next-generation social media

Twenty former Snap employees have come together to establish an investment fund called Ghost Angels. The fund is aimed at supporting next-generation social media companies. The initiative brings together Snap alumni united by a common goal to invest in emerging platforms.

Twenty former Snap employees have founded a new investment fund called Ghost Angels, which aims to finance next-generation social media startups. The fund brings together former Snap workers who want to leverage their experience and capital to support the developers of future social platforms.

Ghost Angels represents a growing trend in which alumni of large corporations create investment partnerships among themselves, drawing on their industry expertise. Snap, also known as the parent company of Snapchat, has played a significant role in shaping the social media landscape, and now its former employees want to contribute to the innovation of the future.

The fund's establishment reflects broader interest in the social media sector, where new platforms seek to find their place in an increasingly competitive digital world. The launch of Ghost Angels demonstrates that Snap alumni have a desire to actively shape which platforms will reach the market next.