How Snap Plans to Win the AR Race | Evan Spiegel on Spectacles

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Spiegel rejects $3B Meta offer, cites values mismatch and community harm

2025-12-15 · 7 company · 6 thematic

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evan spiegel

Evan Spiegel co-founded Snapchat at age 22 while at Stanford, turned down a $3B acquisition offer from Facebook, and has led Snap as a public company since 2017. He has consistently invested in augmented reality for over 12 years and pioneered ephemeral messaging, Stories, and AR lenses.

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“In many ways I think we proved that decision right like a decade ago. Really because we were able to stay true to our values... I think meta has really revealed themselves time and time again to not care about the well-being of their commu…”

—evan spiegel

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