Browsing: Evan Spiegel

Snap’s flagship platform has lost some lustre, at least according to one social media “influencer” in the Kardashian-Jenner clan. Shares of the Snapchat parent company sank 6.1% on Thursday, wiping out $1.3bn in

Snap still isn’t meeting much-lowered projections for growth. Now the company is taking drastic measures to shape its future. While ad prices fell as part of a transition in the company’s sales system, the larger

For a guy who just lost about a quarter of his net worth, Snap co-founder Evan Spiegel exuded confidence on his first earnings conference call, explaining away the company’s shortcomings and even throwing shade at his bigger

Snap makes no secret of the fact that compulsive millennial users are its most valuable asset. Their fickle tendencies may also be its biggest risk. At least, that how it looks in the prospectus for the company’s initial public

Snap (formerly Snapchat) amended its charter to ensure that its founders retain majority voting control after the company’s initial public offering, giving them more control than the founders at Facebook and Google had after those