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05-11-2017, 02:01 AM
Snap CEO Evan Spiegel is here to lose money and earn your trust
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"Just cause Yahoo has a search box, it doesn't mean they're Google."*
In this case, Snapchat is Google, and Facebook is Yahoo. It takes guts to lob a line like that in your first-ever earnings call as CEO of a public company, particularly when your shares just dropped 25 percent.*
But that's what Snap CEO Evan Spiegel told investors on a call Wednesday when they dared to ask about Facebook CEO Mark Zuckerberg's tendency to copy his company.*
The analyst specifically referenced Facebook's F8 presentation, but we all k**w Facebook has done much more to copy Snap than just pitching a similar augmented reality future.* Read more... (http://mashable.com/2017/05/10/snapchat-evan-spiegel/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
More about Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Snapchat (http://mashable.com/category/snapchat/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Evan Spiegel (http://mashable.com/category/evan-spiegel/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Snap Inc (http://mashable.com/category/snap-inc/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://pubads.g.doubleclick.net/gampad/ad?iu=/6692/mash.to/rss&pos=atf&tag=ad&mtype=standard&type=rss&sz=300x250&c=1494454268 (http://pubads.g.doubleclick.net/gampad/jump?iu=/6692/mash.to/rss&pos=atf&tag=ad&mtype=standard&type=rss&sz=300x250&c=1494454268)
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"Just cause Yahoo has a search box, it doesn't mean they're Google."*
In this case, Snapchat is Google, and Facebook is Yahoo. It takes guts to lob a line like that in your first-ever earnings call as CEO of a public company, particularly when your shares just dropped 25 percent.*
But that's what Snap CEO Evan Spiegel told investors on a call Wednesday when they dared to ask about Facebook CEO Mark Zuckerberg's tendency to copy his company.*
The analyst specifically referenced Facebook's F8 presentation, but we all k**w Facebook has done much more to copy Snap than just pitching a similar augmented reality future.* Read more... (http://mashable.com/2017/05/10/snapchat-evan-spiegel/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
More about Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Snapchat (http://mashable.com/category/snapchat/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Evan Spiegel (http://mashable.com/category/evan-spiegel/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Snap Inc (http://mashable.com/category/snap-inc/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://pubads.g.doubleclick.net/gampad/ad?iu=/6692/mash.to/rss&pos=atf&tag=ad&mtype=standard&type=rss&sz=300x250&c=1494454268 (http://pubads.g.doubleclick.net/gampad/jump?iu=/6692/mash.to/rss&pos=atf&tag=ad&mtype=standard&type=rss&sz=300x250&c=1494454268)
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