The story
A Stanford class project about vanishing photos got a skeptical response, then took off with high schoolers. Spiegel turned down a reported $3B from Facebook, and Stories went on to be copied by nearly every other app.
No. 032 · 2011 · Los Angeles
Snapchat
Class laughed at it. Facebook offered $3B. He said no.
Texts that disappear
Make my startup a legend- 1 Stanford product class, 2011.
- 2 The pitch: photos that vanish.
- 3 Everyone says it's dumb.
- 4 High schoolers disagree.
- 5 They build it from a dad's living room.
- 6 Facebook offers $3B.
- 7 He's 23. He says no.
- 8 Everyone copied Stories. Then the IPO.
- Founders
- Evan Spiegel, Bobby Murphy and Reggie Brown
- Founded
- 2011, Los Angeles
- What they do
- Disappearing photos and Stories.