20 Snap alumni launched an angel fund for the next generation of social media. They think

Ghost Angels was launched in 2025 by Max Rivera, formerly leading global partnerships at Snap and now working in Microsoft’s AI division. The fund formalizes a growing Snap alumni angel community of roughly 20 founders, including Alexandra Levitt and Will Wu. It invests at pre-seed to seed stages in AI startups building in social media and consumer. The fund has completed five deals and plans to deploy remaining capital into at least 15 more within the next year, while not disclosing total fund size. Rivera observed “social” and “media” splitting into two categories: ad-driven algorithmic platforms versus niche communities focused on human connection, with AI applied on both sides.

"Twenty Snap alumni have launched Ghost Angels, an angel fund backing the next generation of social media and consumer AI startups. The fund has invested in at least five companies and plans to deploy remaining capital into at least 15 more within the next year. It declined to disclose total fund size."

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