Expert Chaslau Koniukh
  • Companies
  • Global investment
  • Investors
  • Terminology
  • Economy
  • Stock Market
  • World exchanges
  • Tech and Marketing
Evan Spiegel
Investors and Entrepreneurs

Evan Spiegel: Snapchat co-founder biography

26.09.2022
2 min read

Evan Spiegel: how to become a billionaire at 26

The mobile app Snapchat appeared in 2011 and has become one of the most popular in the U.S. market. In 2017, its developer, Snap, held an IPO, which was the largest value in the U.S. since Facebook’s offering. One of the creators of the app is Evan Spiegel, who is the head of Snap.
Evan Spiegel was born in 1990 in an upscale Los Angeles neighborhood to a family of lawyers. He was educated at an elite school, vacationed at luxury resorts, and drove expensive cars from the age of 16, and his life was serene and more than wealthy.
Spiegel went to Stanford University, where he studied design, and it was there that he met Reggie Brown and Bobby Murphy, the co-founders of Snapchat. During his studies, Evan tried his hand in different fields. He interned at a biomedical firm and even wanted to teach children in South Africa. However, everything changed when he met Intuit owner Scott Cook. Spiegel worked there for a while, which was enough to understand what he really wanted to do in life. Evan’s real passion was computer technology. And then he remembered his old university friends and invited them to create their own project.Evan Spiegel-2In 2011, young people started working on an application through which they could send pictures, which would then disappear. Gradually, the functionality expanded, the ability to send videos appeared, and the popularity of the messenger grew. In 2013, Mark Zuckerberg became interested in Snapchat. He wanted to buy the app for $1 billion, but Spiegel rejected the offer. Such a move proved to be the right one, and the amount offered the second time was already $3 billion. After a while, Snap’s valuation reached $18 billion. By 2015, the business had more than $60 million in revenue, and Evan Spiegel himself had $2.1 billion in the capital.
In 2017, Snap held an IPO on the stock exchange in New York, then the business valuation reached $33 billion.
Now the company’s activities are not limited to the messenger Snapchat. Spiegel is actively engaged in the development of Spectacles smart glasses, as well as developing various services.
Evan has always said that he is grateful to his parents for the cloudless childhood, and has never concealed that his family is rich. However, this in no way diminishes the personal achievements of Spiegel, who was able to implement the idea and market it profitably. His product has held a high position for a long time, and the quality is regularly improved.

Tags: Investors and Entrepreneurs
0
Previous Post The main achievements of the Swiss watch company Rolex Next Post China Central Bank: supporting the economy is a priority for the government

You Might Also Like

Laurene Powell Jobs
Investors and Entrepreneurs
Laurene Powell Jobs: the woman who didn’t shadow her husband
26.06.2023
Alice Walton
Investors and Entrepreneurs
Alice Walton: how does the heiress of the Walmart family empire live
19.08.2020
Domuschiev brothers
Investors and Entrepreneurs
The Domuschiev brothers: the success story of Bulgaria’s first billionaires
20.06.2022
Yang Mianmian
Investors and Entrepreneurs
Yang Mianmian: a woman who has worked her way to business heights
01.05.2023
Prajogo Pangestu
Investors and Entrepreneurs
The story of Prajogo Pangestu, the Barito Pacific conglomerate founder
08.04.2025
Biography of Anne Scheiber
Investors and Entrepreneurs
Anne Scheiber: the woman who retired and became an investor
10.06.2022

Popular Posts

  • Ingeborg Mootz: a woman who became a stock player at the age of 75
  • Businessman Chuck Feeney: the man who gave the world Duty Free
  • Analysts: Egypt’s economy to continue falling in 2023
  • Field of activity of the American Monsanto Company Corporation

Editor's Picks

Chaslau Koniukh
Analytics

American bankers from JPMorgan and Goldman Sachs advise to invest in gold: review by Chaslau Koniukh.

Press Secretary
17.08.2020
Expert Chaslau Koniukh
Analytics

Chaslau Koniukh on the analysts’ opinion on the key stake size change soon

Press Secretary
18.06.2020
expert Chaslau Koniukh
Analytics

Chaslau Koniukh: Internet trade market in Russia may reach 2.78 trillion rubles.

Press Secretary
30.05.2020
Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh
Analytics

Will the U.S. oil shale industry be able to quickly recover from the crisis: A Review by Chaslau Koniukh

Press Secretary
16.05.2020

Popular Posts

  • Ingeborg Mootz: a woman who became a stock player at the age of 75
  • Businessman Chuck Feeney: the man who gave the world Duty Free
  • Analysts: Egypt’s economy to continue falling in 2023
  • Field of activity of the American Monsanto Company Corporation
  • Spain’s economy performs best in the EU
Expert Chaslau Koniukh
  • Facebook
  • Twitter
  • Instagram

© 2024 CHASLAU KONIUKH. ALL RIGHTS RESERVED. Expert in marketing and project management, international investments, financial analyst.

Menu

  • Biography
  • Companies and corporations
  • Global investment
  • Investors and Entrepreneurs
  • Economy
  • Market terminology
  • Stock Market
  • World exchanges
  • Tech and Marketing
  • Analytics