Private Equity 24 Hours

Last updated: May 30, 2026, 5:30 PM ET

Private‑Equity Trends

A cohort of 20 former Snap executives launched Ghost Angels, a seed‑stage vehicle aimed at backing the next wave of social‑media platforms, with an initial capital pledge that reportedly exceeds $30 million. Meanwhile, leading venture partners highlight an AI funding surge, noting that 22‑year‑old founders in San Francisco now routinely receive term sheets, while 19‑year‑olds are deemed “exceptionally gifted” and courted aggressively. The juxtaposition underscores a widening age‑based stratification in early‑stage capital as AI‑centric ideas dominate deal flow.