Many have said that CEOs actually need to take extensive training on public statements, and this is obviously going to give rise to that insinuation once again.
Snap’s CEO, Evan Spiegel is involved in a lawsuit in which the plaintiff claimed that Spiegel had stated that he didn’t want his Snapchat app going into “poor countries” like India; this didn’t go well with the plaintiff—and the public isn’t left out.
Anthony Pompliano got fired after three weeks of working at Snap after he raised concerns over the company’s plan to mislead investors ahead of the IPO launch. The first filing was redacted when it was filed in the Los Angeles superior court back in January, and according to Pompliano, Evan Spiegel’s comments were made recently.
Anthony Pompliano had left Facebook with the aim of helping with growth and engagement at Snapchat, and he stated that his first meeting with Spiegel was what we would call a tense meeting as they had to discuss ways to grow Snapchat’s audience.