Evan Spiegel and Bobby Murphy are both in their late twenties. They’re also billionaires. Also the youngest billionaires in the world. How? Well you probably helped them get there. They together created Snapchat, which was based off of a friend’s idea. Theirs is a story of a slow start and continued belief in their idea. The summer that they started Snapchat in earnest, they had 127 total users after two months. Compare that now to their 100 million daily users. Facebook tempted a $3 billion buy out, which they refused. Snapchat is now estimated to be worth more than $16 billion. They have clearly found a way to take a fun social app and use it to make an incredible amount of money.
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Spiegel and Murphy changed the way that pictures can be shared. It is cool that such young people became so successful with a simple idea
I use Snapchat on the daily; it has basically replaced texting for me I applaud Spiegel and Murphy for not selling themselves short by being bought. Today it seems like big heads of any industry just buy out up and coming businesses. Both are extremely entrepreneurial in starting from practically nothing, to rising to a massive following.
It’s really interesting to hear about how Spiegel and Murphy created Snapchat. Together, they created one of the most popular applications used by the millennial generation today. I also appreciate their discipline to decline Facbook’s buyout.