Wednesday, May 23, 2018

Snap Launches Media Startup Accelerator

Venice, California-based Snap, the parent company of Snapchat, is launching a new startup accelerator, named "Yellow", the company disclosed on Wednesday afternoon. The accelerator said it will invest $150,000 into ten different "creators" and startups focused in the media area. According to reports, the company's accelerator is specifically focused on people building media projects for mobile devices. Companies in Snap's accelerator are encouraged--but not required--to work with Snap's Discover section.