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2 articles summarized · Last updated: LATEST

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

Private Equity & Venture Capital

A cohort of 20 Snap alumni has launched the Ghost Angels fund, targeting early‑stage social‑media startups with a focus on scalable engagement platforms, positioning the vehicle to compete with larger tech‑centric funds in the sector Ghost Angels launch. Meanwhile, three leading VCs highlighted a shift in the AI investment landscape, noting that younger founders—particularly those aged 22 in San Francisco—may receive seed term sheets, whereas 19‑year‑olds face heightened scrutiny and faster exits, reflecting a tightening of capital allocation criteria in the AI boom VCs on AI frenzy.