Tuesday, April 18, 2017
SNAPCHAT CEO EVAN SPIEGE SAYS INDIA IS TOO POOR, THIS APP IS ONLY FOR RICH PEOPLE
Snapchat CEO Evan Spiegel, in a lawsuit filed by a former employee, has been accused of commenting that he has no intentions of expanding services into poor countries like India and Spain.
CEO Evan Spiegel has said the app is for rich people, don't want to expand in poor countries like I in a lawsuit filed by a foreen accused oand Spain.
At a meeting to discuss Snapchat’s user growth in 2015, Anthony Pompliano says he expressed concern that the app was not taking off overseas.
“This app is only for rich people,” Spiegel said, according to Pompliano. “I don’t want to expand into poor countries like India and Spain.”
The day after Pompliano’s presentation, he was fired. Snap is now describing Pompliano as a “disgruntled employee fired for poor performance,” but the damage has been done.
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