Snap Inc.

Camera and social media company / From Wikipedia, the free encyclopedia

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Snap Inc. 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. The company developed and maintains technological products and services, namely Snapchat, Spectacles, and Bitmoji. The company was named Snapchat Inc. at its inception, but it was rebranded Snap Inc. on September 24, 2016, in order to include the Spectacles product under the company name.[12]

Quick facts: Formerly, Type, Traded as, Industry, Founded...
Snap Inc.
FormerlySnapchat Inc. (2011–2016)
TypePublic
NYSE: SNAP (Class A)
Industry
FoundedSeptember 16, 2011; 11 years ago (2011-09-16) (as Snapchat Inc.)
FoundersEvan Spiegel
Bobby Murphy
Headquarters,
U.S.
Area served
Worldwide
Key people
Michael Lynton (Chairman)
Evan Spiegel (CEO & Director)
Bobby Murphy (CTO & Director)
Jeremi Gorman (CBO)
ProductsBitmoji
Snapchat
Spectacles
Looksery
Zenly
RevenueIncrease US$4.60 billion (2022)
Decrease US$1.40 billion (2022)
Decrease US$1.43 billion (2022)
Total assetsIncrease US$8.03 billion (2022)
Total equityDecrease US$2.58 billion (2022)
OwnerEvan Spiegel & Bobby Murphy (95.8% voting power combined)
Number of employees
5,288 (2022)
SubsidiariesSnap Limited
Websitesnap.com
Footnotes / references
[1][2][3][4][5][6][7][8][9][10][11]
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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.[11]