The Diary Of A CEO with Steven Bartlett cover image

The Diary Of A CEO with Steven Bartlett

Snapchat CEO: Exact Formula Used To Build A $130 Billion Company! I Said No To $3 Billion From Mark Zuckerberg! It’s Time To Quit Your Job When You Feel This!

Mar 24, 2025
Evan Spiegel, co-founder and CEO of Snap Inc., talks about rejecting a $3 billion offer from Facebook at just 23, showcasing his resilience. He shares insights on his 'T-Shaped' leadership approach and how creativity is nurtured within tech teams. The conversation dives into the challenges of launching Snapchat and the importance of user feedback. Spiegel reflects on the unique impact of Snapchat on mental well-being and the need for a balance between work and family, emphasizing that passion drives success in entrepreneurship.
02:29:27

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Podcast summary created with Snipd AI

Quick takeaways

  • Evan Spiegel turned down a $3 billion offer from Facebook, emphasizing his commitment to building Snapchat's unique vision instead.
  • His childhood experiences and creativity were shaped by limited screen time, driving him to innovate and embrace technology early on.

Deep dives

The Journey to Creating Snapchat

Evan Spiegel discusses his journey as the co-founder of Snapchat, highlighting his early fascination with technology and creativity as a child. His initial foray into entrepreneurship began at Stanford, where he, along with college friends, raised $485,000 to develop the application. He reflects on the skepticism they faced regarding the app's long-term growth, as many doubted the sustainability of a platform primarily focused on sending photos. Nonetheless, Snapchat experienced rapid growth, accumulating 75 million monthly users, defying the earlier predictions of its demise.

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