Snap investor pushes company to sell stake in eyewear business

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

Oct 6, 2026 - 16:00
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Snap investor pushes company to sell stake in eyewear business
Hedge fund Blue Duck Capital Partners wants Snap Inc. to raise capital by selling a stake in its nascent Specs unit, putting additional investor pressure on the social media app to deliver on its big investment in augmented reality glasses.

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