snapchat

A List of People Praising Snapchat for Turning Down $3 Billion

Sam Biddle · 11/14/13 01:12PM

As the internet shit its collective denim pants yesterday upon news of Snapchat's Facebook refusal, there were some outliers—very prominent outliers. You might think two 23-year-olds refusing three billion dollars is lunacy, but these tech insiders think you're the crazy one.

Nitasha Tiku · 11/13/13 05:44PM

Silicon Valley's version of transubstantiation: "Just about any company that hits the scale Snapchat is hitting can generate revenue eventually. One of the company's investors told us that any big web company eventually figures it out."

The $4 Billion Secret: Don't Bother Making Any Money

Sam Biddle · 10/31/13 03:39PM

Pinterest and Snapchat have two very important things in common: they were both recently, insanely valued by investors at around $4 billion, and neither of them has made a single dime in the entirety of their existence. How is this not a bubble, and why aren't more people saying this is crazy?

Snapchat's Creator: Another Spoiled L.A. Brat

Sam Biddle · 10/24/13 02:43PM

This is the face of the New Meritocracy: Snapchat founder and CEO Evan Spiegel is atop a startup valued at $800 million after a lifetime of wealth, nepotism, favors, and fun. L.A. Weekly takes a look at the founder's charmed boyhood, and reminds you, life is always fair.

Snapchat Opens Pictures for Cops

Sam Biddle · 10/14/13 04:25PM

We knew Snapchat had policies in place for handing over "disposable" messages to the police—and now the company admits it's done so on "about a dozen" occasions.

Snapchat First Pitched as a Sorority Girl Toy

Sam Biddle · 08/12/13 04:50PM

From the ongoing legal saga of fraternal business treachery, we receive this relic: a draft of Snapchat's (née Picaboo) first ever press release in July, 2011. Maybe this is how Stanford startup dudes think girls talk—"Let him choose that hot new outfit!"

How To Screw a Friend Out of an $800 Million Idea

Sam Biddle · 08/05/13 01:19PM

There are some forces so powerful, not even the wrought iron bonds of frat friendship can withstand them. Money is one—and so the fun-loving young dudes who made Snapchat are at each other's throats in court. Here's where it started to go bad.

Snapchat Had the Frattiest Creation in Startup History

Sam Biddle · 07/10/13 01:30PM

The Brogrammer is a mostly mythological figure, a nine-headed scapegoat. But there are, of course, programmers who also happen to be massive bros. For instance, the dudes who founded mega-valuable Snapchat. When you call yourself a "certified bro" in an email to the opposite sex, then yes, you probably are. Let's read their emails and texts.