# A 24-year-old Stanford dropout wants to build the next Facebook and raised capital at a $200M valuation cap

_Wednesday, July 22, 2026 at 8:00 AM EDT · Products · Latest · Tier 2 — Notable_

![A 24-year-old Stanford dropout wants to build the next Facebook and raised capital at a $200M valuation cap — Primary](https://i.insider.com/6a42ffb0360acd489560d3ac?width=1200&format=jpeg)

Teddy Solomon, a 24-year-old Stanford dropout, said Fizz wants to be like Facebook when it was actually social.

The app, launched in 2021, lets students post anonymously, scroll through a 'for you' feed, and buy and sell items in a marketplace. To help scale Fizz's advertising business, the social startup raised an undisclosed strategic investment from celebrities, creators, and tech executives. Instead of a titled round, it's a SAFE investment with a valuation cap of $200 million.

Fizz declined to share further financial details. The new capital follows the company's $25 million Series B it raised in 2023.

## Sources

- [businessinsider.com](https://www.businessinsider.com/fizz-college-social-app-global-growth-advertising-venture-capital-2026-7)

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Canonical: https://techandbusiness.org/newswire/gEDDxQllFF6JyUYPDLuhCC
Retrieved: 2026-07-22T07:42:42.934Z
Publisher: Tech & Business (techandbusiness.org)