Where Snapchat went wrong
By Seth Fiegerman
Evan Spiegel, the 27-year old cofounder and CEO of Snapchat’s parent company, is often billed as a visionary.
But now Spiegel seems to be admitting to some significant flaws in his vision.
After Snap released its earnings report on Tuesday, Spiegel got on a conference call with analysts and acknowledged a series of mistakes and shortcomings.