Snapchat CEO denies ‘India is poor’ remark, calls the allegation ridiculous
Snapchat Denies 'India Is Poor' Remark Calls The Allegation Ridiculous Snap Inc. CEO Evan Spiegel has categorically denied the comments his ex-employee alleged he made in a 2015 meeting, about Snapchat being an “app for rich people” and that India, being a poor nation, was not a lucrative market for Snapchat to expand to. Evan Spiegel Image credits: Wikimedia Commons A detailed article carried by Variety showed excerpts from an expose-esque twenty-page-long statement filed by Anthony Pompliano, a former employee at Snapchat, who is suing the company for some dubious practices carried out under Evan's tutelage. An excerpt of that statement alleged that the Snapchat CEO Evan Spiegel, when told in a meeting that Snapchat was performing poorly in foreign markets, interjected that “this app is only for rich people. I don’t want to expand into poor countries like India and Spain.” Snap Inc. reached out to YourStory with an official statement countering these claims, and has g...