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Evan Spiegel

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Cash-Strapped Snap? Stock Price Slides Following Analyst Report

The stock price for Snap Inc. hit a new low — falling 6.4 percent to $7 a share – after a report described the Santa Monica social media company as “quickly running out of money.”

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Evan Spiegel

LA 500

Evan Spiegel co-founded the popular Snapchat messaging and video mobile app in 2010 with his Stanford University peers Bobby Murphy and Reggie Brown.

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23. Evan Spiegel

2018 Wealthiest Angelenos

Snap Inc. CEO Spiegel’s wealth surged upward in 2017 with the social media company’s explosive initial public offering

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