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Tuesday, November 19, 2013

Snapchat: EVAN SPIEGEL, THE MAN WHO REFUSES BILLIONS

He is 23 , lives with her father and just say no to three or four billion, sending rounding the giants Facebook and Google who wanted to redeem his Snapchat application.

The slender physique and fixed smile , Evan Spiegel arrested last summer studying in Stanford product to devote himself to his end of year project design: an application for smartphones to exchange decorated pictures of text disappearing after a few seconds. Snapchat on all messages self-destruct after a set time and if the screenshot, the sender is notified .

"I think our application makes communication a little more human and natural ," he boasts site TechCrunch. " On the internet in general you remove what looks bad for your image or embarrassing ," he says in the " Telegraph" . " Snapchat rather is modeled on the conversation where what is said is ephemeral . We believe that the removal should always be done by default. "

While all digital actions leave an indelible mark , Evan Spiegel benefits of its application to promote the right to be forgotten : " People live with this huge burden of having to manage the digital equivalent of their personality ," says - like in "Forbes" .

Inspired by the Anthony Weiner scandal

Evan Spiegel had the idea to create Snapchat in April 2011 to " share selfies awkward and funny with ( her ) friends." He teamed up with his friend Bobby Murphy , a graduate of Mathematics and Computer Science at Stanford last year. The pair met in 2009 and founded a fraternity "Future Freshman " (" future graduate " ) , an online guide for college orientation .

After hearing hilarious stories about the urgency to untag some photos Facebook before job interviews , we thought there must be a better solution , "says Evan 's blog Snapchat .

He told TechCrunch that the application was also partly inspired by the Anthony Weiner scandal , elected New York who resigned after sending pictures of her naked on Twitter .

However challenged by a Reggie Brown , a former fraternity Evan and Bobby, who says that the pair stole his idea Snapchat release. A judicial investigation was opened .

"The most stupid thing I 've ever seen "
 When submitting the project to their class , Evan and Bobby laughed by their comrades who see only one way to send naughty pictures . " All our people and investors saw said : ' This is the stupidest thing I 've ever seen ,'" Evan fun with TechCrunch.


After spending the summer trying to attract (unsuccessfully ) users on their first version Snapchat , something strange happens: the application went viral in high schools of Los Angeles. The students used to pass notes in class and communicate .

Snapchat is now funded solely by the father of Evan . But after a moment , "My father did not want to pay for the pictures disappear ," he says . Investment proposals start pouring .

In early 2012, the young entrepreneur receives a Facebook message Jeremy Liew of the venture capital company Lightspeed Venture Partners . This he expressed his interest after hearing about the success of the application by the daughter of one of his colleagues . Snapchat 485,000 dollars and up . Will pay the bills , pay the hosting servers , and hire a community manager and two new engineers.

The following year, in February 2013, the venture capital company Benchmark Capital launches a new fundraising reports that 13.5 million , valuing the company between 60 and 70 million.

" We love to be independent "

Snapchat now has more than 350 million photos exchanged every month. "Google , Twitter , Facebook, Yelp and even all experienced a very rapid success, but nothing like this ," the "New York Times" .

The start- up - which does not yet have an economic model - attracts giants. First Facebook makes the first bid at $ 1 billion . Denied. The social networking giant mounts auction 3 billion. Offer refused .

The "Wall Street Journal " Chinese whispers that Tencent , specializing in online distribution and has the WeChat application, would be up to four billion dollars. An offer would have also made ​​Google, according to Gawker . Also denied. Evan Spiegel has demonstrated its ability to say "no."

We love to be independent , " he quips provocative BBC .

However, to raise the stakes resting on a teenage audience , the start -up takes a long-term risk . As highlighted in the "New York Times ", " teens are very finicky when they use a service. Snapchat has experienced rapid growth due to teens, but it could fall just as fast [ if ] another new application appears coolest " .

Ability to say "no " than " LA Weekly " says Evan Spiegel of the " privileged " life. Indeed, the American weekly published documents his parents' divorce that points the young Evan grew up in a house with two million dollars in Los Angeles, and throughout his high school he drove a luxury SUV . A privileged childhood he recognized a half- words during a conference . " I'm a boy , white and educated I've always been very , very lucky Life is unfair . ".

Meanwhile, despite the success of his application, he continues to live with his father. He even throws in AP : " I would stay with him until he put me out. "

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