Snap alums unveil Ghost Angels fund

A group of 20 former Snap employees has formed Ghost Angels, a new fund focused on backing the next generation of social media companies. The fund aims to leverage the alumni network’s experience building consumer social products.

The launch reflects continued investor belief that social media can still produce major new platforms despite market maturity. Alumni-led funds can offer founders category-specific expertise and networks, making them increasingly influential in consumer tech investing.

A group of 20 Snap alumni has come together to launch a fund called Ghost Angels to back the next generation of social media.