Ethan Daly Promoted to General Partner at Shine Capital

NEW YORK, Sept. 3, 2025 /PRNewswire/ -- Shine Capital, an early-stage venture capital firm, today announced the promotion of Ethan Daly to the role of General Partner. Ethan joined the firm in 2020 as its first hire and has been an integral member of the team ever since. He will continue to lead investments and serve as a board director of portfolio companies on behalf of Shine. He will remain based in the firm's New York City office.

"Ethan embodies Shine's ethos. He fully immerses himself in technology and culture, is well-respected in the entrepreneurial and creative communities, and is of unflinching loyalty and integrity. He has a deliberate yet easy way with people, which enables him to strike a terrific balance with founders," said Mo Koyfman, founder and General Partner of Shine Capital. "Deeply complementary to Alex and me, Ethan has his finger on the pulse of the latest consumer trends, and is equally thoughtful in crypto as he is in artificial intelligence. It is my distinct privilege to recognize Ethan's accomplishments with his promotion to General Partner."

"I am honored to become a General Partner at Shine. I have been on this journey since day one, and I can't wait to see where we are in a decade," said Ethan Daly, General Partner at Shine Capital. "Shine has given me the platform to do what I love — be a loyal partner to singular entrepreneurs, innovating at the intersection of technology and culture. Building the firm with Alex and Mo is a privilege, and this just further cements our partnership. I am incredibly excited for Shine's future."

ABOUT SHINE CAPITAL

Shine Capital is an early-stage venture capital firm that partners with creative, convincing, relentless entrepreneurs to build iconic businesses. Shine manages over $600 million across three early-stage funds and one opportunity fund, and maintains offices in New York and San Francisco. We are lateralist investors who believe that novel opportunities emerge from the dynamic intersections of technology, markets, and culture. We lead inception, seed, and series A financings. Our team is an eclectic composition of talents and backgrounds. While we bring deep expertise across many traditional investing verticals, our strength lies in being aligned strategic partners, both in spirit and in practice.

CONTACT

Joe Quenqua
[email protected]

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SOURCE Shine Capital