Evan Spiegel-The Man Behind Snapchat

Evan Spiegel-The Man Behind Snapchat

 Introduction:-

Evan Thomas Spiegel born on June 4, 1990 is an American- French businessman who is the co-founder and CEO of the American social media company Snap Inc., which he created as Snapchat Inc, with Bobby Murphy and Reggie Brown while they were students a Standord University. Spiegel was named the youngest billionaire in the world in 2015.

Each day some 229 million people use Snapchat to send disappearing photos and videos. Spiegel launched the company with Bobby Murphy, a Standford University fraternity brother, in 2011.

Early life.

imilar to the founder of Facebook, Mark Zuckerberg, Evan had a privileged life and was a similar nerd with a technology refuge and got his 1st computer in his 6th grade. Moreover, he also conducted experiments with Photoshop during his school time and used to spend his free weekends at the art lab of a local high school. He also worked for the promotion of Red Bull at bars and clubs, when he was in his high school.

Education.

Spiegel was born in Los Angeles, California, to lawyers John W. Spiegel and Melissa Ann Thomas. He grew up in Pacific Palisades, California, where he was raised Episcopalian. He was educated at the Crossroads School Monica. After finishing his school, he entered Standford University in a product design program and then into the Kappa Sigma fraternity, where he met the co-founder, Bobby Murphy. Spiegel was hired by Murphy for the job of designing an online social network, taking an inspiration from the Google Circles, but it failed. However, it earned recognition for Evan, who was perceived by Scott Cook in a guest lecture, followed by a job offer for txtWeb project meant to broadcast information from the web over text messages.

He developed his first project with Murphy, Future Freshman, which was online software aimed to help in the management of college admissions by counselors, parents, and high schoolers. Although it started well, yet couldn't continue for long and then, fate knocked at their door, which was a good-welcomed opportunity by the him. Reggie Brown, another one from the fraternity house, approached Evan to discuss his desire of deleting an image permanently from the web, which he once shared.

Career.

At Stanford, Evan Spiegel  joined the Kappa Sigma fraternity, where he met future Snapchat CTO Bobby Murphy. The two collaborated on other projects, at one point putting together a college admissions website called Future Freshman, before abandoning the effort. In the spring of 2011, another Kappa Sigma brother, Reggie Brown, remarked how he wished there was a way to send disappearing photos, Spiegel siezed on the idea, and the two recruited the already-graduated Murphy to join the project. Evan and Murphy developed the basic idea of Snapchat and started working on its development with Brown. Initially, it was named Picaboo, as suggested by Brown, but couldn't attract any investors' support. However, due to some flaws and the idea why one would share an image that disappears led to the downfall for the group. "There is real value in sharing moments that don't live forever.- Evan Spiegel"

Brown decided to part his ways and asked for 30% share along with the listing of his contributions with the same. Additionally, the originals name was dropped, followed by a cease & desist letter from a company that used the same name. By August, the initial promise of the project had given way to infighting; Spiegel and Murphy ousted Brown, moving forward with the newly renamed Snapchat. After this, it started attracting some response from young users and eventually, something clicked into place by winter, with the app recording 20,000 users in January 2012, before ramping up to 100,000 in April. The surge in demand brought a huge increase in server bills, but the founders were bailed out by a $485,000 investment from  Lightspeed Venture Partners in May. Spiegel subsequently, a few weeks shy of graduation.

Snapchat

The sky seemed to be the limit for Snapchat in the months before going public. Rebranded as Snap Inc. in September 2016, the company unveiled its camera- equipped Spectacles two months later, and disclosed a revenue of more than $400 million for the year.

However, the company failed to meet expectations for quarterly earnings after going public in March 2017, dropping its stock price below $12 per share by August. The dropoff was partly due to stiff competition from rivals life Facebook, which had copied Stories and other Snapchat features, and to the inevitable diminished enthusiasm for its once-novel capabilities. Late in the year, Spiegel announced that Snap would meet the challenges by introducing new algorithmic filtering for content., and by continuing to develop innovative products such as its recently unveiled augmented reality lenses.

Personal Life

Spiegel began dating Australian model Miranda Kerr in 2015. They became engaged on July 20, 2016. They married in a private ceremony in Los Angeles on May Just a month before Spiegel's engagement to Kerr, he purchased a 7,164 square foot, $12 million house that was previously owned by Harrison ford.

In November 2017, Kerr announced that she and Spiegel were expecting their first child. On May 7,2018, Miranda gave birth to their Hart Kerr Spiegel, named after Spiegel's grandfather. In March 2019, the couple announced that they are expecting their second child together, Kerr's third. In October 2019, Kerr gave birth to Myles Spiegel.

As of 2016, Spiegel became ranked at number 854 on the Forbes 400 with $4 billion in wealth. After, in 2017, Spiegel became one of the youngest public company CEOs at age 26 when Sanp began trading in March. Spiegel is also a member of the Berggruen Institute's 21st Century Council. In 2018, he and his son Hart received French citizenship through a clause in the naturalization laws that walves French residency requirements for applicants that contribute to the French culture or economy.

Quotes

1."There is a real value in sharing moments that don't life forever."

2. "We're just going to keep executing on what we believe."

3. "It's not about working harder, it;s about working the system."

4. "There are very few people in the world who get to build a business. I think trading that for some short-term gain ins't very intersting."

5. "I'd like to create a space for people who have a lot of talent but not a lot of reach."

6. "The feed was probably the biggest innovation in social media of late. But the interesting thing about the more content you consume, the farther in time you go."
7. "It's important to be thoughtful and mindful about the things you say to other people."

8. " People are going to copy you product if you build great stuff. Just  because Yahoo has a search box doesn't make it Google."

9. "Someone will always have an opinion about you. Whatever you do won't ever be enough. So find Something that you love."

10. "When we're in the kind of childish space, we're more genuine and feel more comfortable with our friends."

Conclusion:

Never Forever,Give Up...!!!