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Snapchat is doing damage control after its CEO allegedly said the app is 'only for rich people'

Aug 21, 2024, 20:00 IST
Youtube/SnapchatSnap Inc. CEO Evan Spiegel.

Snapchat maker Snap Inc. is denying that its CEO, Evan Spiegel, once said the app is "only for rich people" and that he doesn't "want to expand into poor countries like India and Spain."

The quote, which Snap is calling "ridiculous," came from a recently unredacted court complaint by Anthony Pompliano, who served as the company's growth lead for a few weeks in 2015. In the complaint, Pompliano recounts the exchange from a September 2015 meeting he had with Spiegel about the app's international growth plans.

Snapchat's app ratings have taken a hit since Variety and a number of other outlets highlighted the alleged quote from Spiegel last week. A deluge of social media posts and one-star reviews in Google and Apple's app stores feature many users voicing their disapproval.

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ScreenshotA sample of recent one-star reviews Snapchat has gotten in the Google Play Store.

"This is ridiculous," a Snap spokesperson told several Indian news outlets on Sunday. "Obviously, Snapchat is for everyone! It's available worldwide to download for free. Those words were written by a disgruntled former employee. We are grateful for our Snapchat community in India and around the world."

Get the latest Snap stock price here.

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