If you want to be impressed, just look at Evan Spiegel’s profile on Forbes.
To list a couple quick things about him, according to this site:
-He co-founded with his friend at Stanford in 2011
-His net worth is now $2.1 Billion
-Every day over $100 million people use Snapchat
If you look the profile of this young entrepreneur on Forbes, you will be hit with one interesting and astonishing stat after another. But there are two things that make Spiegel’s story really cool. One is that he innovated on a process for communication, and two he followed his vision for the company
- With smartphones and the internet, instant messaging is now second nature. People doubtlessly take this ability for granted. One great add on in messaging that people have enjoyed is sending pictures to their friends so they can actually see what they’re up to or we’re they’re at, rather than just describe it. There is no doubt that Spiegel was pondering over this process of sending pictures while at Standford and realized himself, that there could most definitely be an app simply meant for sending pictures to friends. Spiegel jumped on this idea, but by making the app social and fun, he was able to raise his company to the same levels as Facebook and Twitter. He was able to differentiate his app and make it a truly fun experience for users.
2. This leads to another cool fact about Spiegel: According to his Forbes profile, “In late 2013, Spiegel turned down a $3 billion buyout offer from Facebook.” Spiegel could have taken $3 billion and sat back and relaxed, but instead, this young entrepreneur had a vision and wanted to make his app something special, and differentiate it from Facebook. This is inspiring, as Spiegel stood up to a tech giant and still made his company successful, to the point where people use Snapchat on their phones just as much as they use Facebook. Snapchat is continually changing, but many of the basic fun aspects of the app remain. It goes to show that good things can happen if you believe in a vision and don’t sell yourself short.
Snapchat really is a great idea. it is continually changing and improving to keep up with their competition. I think snapchat will continue to grow and be a very successful app. Very interesting to learn about how much money it has made too!
This is going to sound weird but I don’t really remember a time where i didn’t have snap chat. I know it came out when i was in high school but i use it so much I can not remember not having it! It is a great app and i believe that he will go on to create other great things!