Who Really Owns Snapchat? Its Founders, Net Worth, and Revenue Cover Image Source: Pexels/Thought Catalog While Snapchat’s popularity in the social media landscape is undeniable, the question of its ownership often stumps users. Unlike some other platforms with well-known parent companies, Snapchat’s ownership may not be common knowledge. For instance, Google owns YouTube, Chinese company ByteDance owns TikTok, and Meta owns Facebook, Instagram, and WhatsApp. So, who exactly owns Snapchat? Image Source: Carl Court/Getty Images Also Read: What Are the Sources of Making Money for Social Media Influencers? The origin of Snapchat Snapchat was initially owned by Snapchat Inc. from 2011 to 2016, but now operates under the name Snap Inc. since the rebranding in September 2016. The company’s co-founders, Evan Spiegel, and Bobby Murphy, launched Snapchat in September 2011. During his time as a product design student at Stanford, Evan Spiegel came up with the concept of an app featuring ephemeral messaging for a class project, which his classmates initially dismissed. However, he persisted and joined forces with Bobby Murphy and Reggie Brown, both fellow Stanford students, to work on the idea. Together, they launched the app’s prototype, initially known as ‘Picaboo.’ At a later stage in 2011, Reggie
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Who owns Snapchat, and what's its net worth? – Market Realist
