Snap inc stock9/9/2023 īy January 2014, the company had refused offers of acquisition, including overtures from Mark Zuckerberg, with Spiegel commenting that "trading that for some short-term gain isn’t very interesting." Her tenure with the company ended in March 2015. Also in December 2013, Emily White, who had been a high-profile executive with Facebook, Instagram, and Google, was hired as COO. On December 31, 2013, the application was hacked and 4.6 million usernames and phone numbers were leaked to the Internet. The company was founded on September 16, 2011, by Evan Spiegel and Bobby Murphy upon the relaunch of the photo sharing app Picaboo as Snapchat. The founders own a combined 95% of voting shares (Spiegel with 48% and Murphy with 47%), which are undiluted and transferable to the other when one retires or dies. on September 24, 2016, in order to include the Spectacles product under the company name. at its inception, but it was rebranded Snap Inc. The company developed and maintains technological products and services, namely Snapchat, Spectacles, and Bitmoji. is an American camera and social media company, founded on September 16, 2011, by Evan Spiegel, Bobby Murphy, and Reggie Brown based in Santa Monica, California.
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