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Investor Pushes Snap to Raise Capital for Eyeware Business Specs

Deals·1 article across 1 outlet

Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data

Hedge fund Blue Duck Capital Partners wants Snap Inc. to raise capital by selling a stake in its nascent Specs unit. This move puts additional investor pressure on the social media app to deliver on its big investment in augmented reality glasses.

SnapBlue Duck Capital Partners

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