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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.
Camera and social media company
|Formerly||Snapchat Inc. (2011–2016)|
|NYSE: SNAP (Class A)|
|Founded||September 16, 2011; 11 years ago (2011-09-16) (as Snapchat Inc.)|
|Michael Lynton (Chairman)|
Evan Spiegel (CEO & Director)
Bobby Murphy (CTO & Director)
Jeremi Gorman (CBO)
|Revenue||US$4.60 billion (2022)|
|US$−1.40 billion (2022)|
|US$−1.43 billion (2022)|
|Total assets||US$8.03 billion (2022)|
|Total equity||US$2.58 billion (2022)|
|Owner||Evan Spiegel & Bobby Murphy (95.8% voting power combined)|
Number of employees
|Footnotes / references|
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.