A major Wall Street CEO has ties to an Australian startup trying to take on Snapchat

  |   Written By by Titan Vine ON

[1] Australian social media startup Bomb’d proclaimed their determination to take on Snapchat but its founders are and investors are trying to keep their identities a secret.

[2] But company records show that Kenneth David Moelis, founder and CEO of Moelis and Company, and his senior vice president, Abhinav Gattani, have minority stakes in Bomb’d.

[3] The company’s main backer is Jamie Olsen  of CMB Capital which also lists Bomb’d as one of its portfolio on the website.

[Source] Australian Information Technology News – A major Wall Street CEO has ties to an Australian startup trying to take on Snapchat