I don’t want to expand into poor countries like India and Spain.”- Snapchat CEO

[xyxmt]

Dear Mr. Spiegel if you really want to burn Indian asses, open in Pakistan but not in India then you watch the shit storm of internet Indian leashed upon you.

 

[Sully3]

I think it is in bad taste to have the picture of the Indian spy with that stupid thing hanging around his neck. Don't forget he is a spy. We have our spies. He probably is a entirely nice person - only his symapathies lie with another state. Let there be some respect for men who fight for their states in whatever capacity.

No Mr Kaptaan! Yadav is not just a spy, he is a cold hearted terrorist who has the murder of hundreds of innocent lives on his hands. you might not be aware but he was operating head of a major RAW base in Chabhar with a budget of $500 million. Also they are some rumours of him being a family relative of the prominent indian minister.

Dont call terrorists spies. Think about the APS lives atleast

 

[MultaniGuy]

lol at the person who said Pakistanis teaching how India is poor.

India has way more poor people than Pakistan.

India is overpopulated.

 

[Tiger Genie]

guy made a dumb statement ... dumb not because it is untrue but because it is insensitive. should just apologize and move on.
Of course India is a poor country.

 

[maximuswarrior]

Insecure Indians at it again.

 

[Cybernetics]

This is actually quite simple. It is not racism. One needs to understand how this industry works.

Revenue
Snapchat derives its revenue mainly from ads which advertisers pay a market fee. This fee will depend on the expected value of the customer, set by bidding of advertisers. In tier 1 markets like the US, UK, and Canada advertisers are willing to pay more per customer reach than for a market with less per capita income. It's simply due to these markets having higher percapita gdp and income which results in higher customer value. India simply does not have the customer value for advertisers to pay a comparable rate to tier 1 markets.

Costs
Snapchat has fixed and variable costs that are quite consistent throughout different markets for things like servers and employees. The cost per customer might make India have a negligible market value or negative market value.

It always comes down to the bottom line, currently it seem like it doesn't make sense for Snapchat to enter the Indian market. Poor choice of words by the CEO but not racism, just market value.

 

[Nilgiri]

gdp per capita is what actually matters. Infact it is very low for India. The people sure do have optimism as your post proved though.

So why did he supposedly mention Spain as well then as being "poor"?

Why is snapchat denying this was said....in open confrontation with whoever this "Pompliano" guy is (and however good his recollection may or may not be?).

"Implied", "asserted".... all kinds of words to qualify the statement but no direct evidence anywhere. I guess its good its a free app to begin with.

Snapchat ought to sue Pompliano for defamation for the amount (+ other damages) they expect to lose from Indian ad revenue or however else they make their money.

This is actually quite simple. It is not racism. One needs to understand how this industry works.

Revenue
Snapchat derives its revenue mainly from ads which advertisers pay a market fee. This fee will depend on the expected value of the customer, set by bidding of advertisers. In tier 1 markets like the US, UK, and Canada advertisers are willing to pay more per customer reach than for a market with less per capita income. It's simply due to these markets having higher percapita gdp and income which results in higher customer value. India simply does not have the customer value for advertisers to pay a comparable rate to tier 1 markets.

Costs
Snapchat has fixed and variable costs that are quite consistent throughout different markets for things like servers and employees. The cost per customer might make India have a negligible market value or negative market value.

It always comes down to the bottom line, currently it seem like it doesn't make sense for Snapchat to enter the Indian market. Poor choice of words by the CEO but not racism, just market value.

Now explain the same for Spain....which he also called poor.

If India is poor on Spain level and those are the only two countries that come to mind for him (if he even said this in the first place)...then your line of reasoning fails.

 

[Jlaw]

The Problem is In your Mind Who Equating Social problem With National power as whole your whole logic is ansured

I give you another Statics different to yours

• India has highest GDP Growth rate
• India is third largest producer of Electricity
• Top producer of Steel
• Top producers of Food and Grains
• 2nd after US in road net work Size
• 3rd in GDP in purchasing power
• 7th in Nominal GDP

Like I said If you Will Equate individual poverty With nation power then by that Logic Next claimed Super china behind arab countries

So do you think Arab Countries are more Rich than China

PPP . yes India lead in this category. People, poo, poverty. PPP.

And no you are not second in roads. International standards do not count dirt roads as highway

And you're definitely not number one steel producer.

 

[rcrmj]

The Problem is In your Mind Who Equating Social problem With National power as whole your whole logic is ansured

I give you another Statics different to yours

• India has highest GDP Growth rate
• India is third largest producer of Electricity
• Top producer of Steel
• Top producers of Food and Grains
• 2nd after US in road net work Size
• 3rd in GDP in purchasing power
• 7th in Nominal GDP

Like I said If you Will Equate individual poverty With nation power then by that Logic Next claimed Super china behind arab countries

So do you think Arab Countries are more Rich than China

• India has highest GDP Growth rate (with such huge population and low base, plus of corrections done by your government```well, not that amazing)
• India is third largest producer of Electricity (and yet black outs are norm and per head is looking pathetic)
• Top producer of Steel (same as electrivity prodcution, and mostly are low grade)
• Top producers of Food and Grains (yet still has world's biggest stunt population and starvation)
• 2nd after US in road net work Size (lol, do you even have the idea that what it is to be called road in modern time? dont tell me those muddy paths I saw when in India are called road? )
• 3rd in GDP in purchasing power (that has nothing to do with market value to international companies, as India is industrial primitive, you have to buy virtually any modern products and factories equipments with $$$ from foreign entities, not your imaginary PPP nonsense)
• 7th in Nominal GDP (and the per-head is pathetic)

So I dont see any wrong with CEO's claim, for E-commerce or internet platform, the volume and value of the traffic is the key determination of how valuable the platform seems to advertisers. We charge 5RMB (80 cents) per person per click, and the fair must be higher in the U.K or US, and the advertisers will cross check the price with the amount products it helpped to sell, or the exposure rate from it````

just think about it, with 90% of people living under $5 perday, most phones sole are under $70s, so portable internet life is still a distant dream to most Indian````you dont believe it? well, just check APP Store or any other major Andriod APP market, the traffic from India is neglectable when compared to its population size```

 

[Raphael]

We are discussing National power not individual power

Why would that be? Is snapchat looking for Indian government contracts? I thought they were a consumer app

 

[war&peace]

“This app (Snapchat) is only for rich people and I don’t want it to expand into poor countries like India and Spain”

Oh at least he provided us Pakistanis a temporary relief from indian media's onslaught against Pakistan over the issue of KY.

 

[Finer]

pakistani are preaching us how india is poor !!

No, Pakistan is telling that the world thinks India is poor which is factual information. Don't drag Pakistan into your personal insecure vendetta.

By the way, Pakistan doesn't think India is poor, but Pakistan knows India is poor [confirm fact].

 

[AnnoyingOrange]

This app (Snapchat) is only for rich people and I don’t want it to expand into poor countries like India and Spain”

http://www.dailyo.in/variety/snapch...ia-poor-digital-smartphone/story/1/16704.html

Snapchat CEO the co-founder of image messaging app had to face the heat. Earlier, at an expansion meeting, Snapchat CEO Evan Spiegel had allegedly said, “This app (Snapchat) is only for rich people and I don’t want it to expand into poor countries like India and Spain”. Soon after the comment, Snapchat CEO faced outrage on social media. After the news broke out #BoycottSnapchat started trending on twitter and people across India went ahead to uninstall the app from their smartphones. A day after, Snapchat was surrounded by the controversy, the company denied the report and release an official statement saying that “Snapchat is for everyone! It’s available worldwide to download for free.”

But the real question arises after this controversy is that; Are we Indians really poor to afford to download and use the free Snapchat app? The unrealistic answer could be NO. But the fact is that India still remains a poor country when we compare ourselves with other countries in the Global Poverty trend. Social inequality, illiteracy, population explosion, gender inequality unequal distribution of wealth faulty economic reforms, corruption and many other factors have always acted as a stumbling block and India remains in the Global Poverty Index.


Snapchat CEO saying India 'too poor' is old-school rascism

India may be used to tech czars regularly courting its 800 million and growing cellphone users, among them about 600 million happen to be smartphone users, but that doesn’t stop a privileged bigot from stepping on our digital toes.

While Indians are warming up to Snapchat’s weird flowery video messages – part fantasy, part technology-driven crazed interaction, it has come to light that the company’s young CEO, Evan Spiegel, had betrayed grave ignorance and racism with a passing comment on the country.

In a 2015 meeting, Spiegel had, while discussing the app’s user base and strategies for expansion, said that he wouldn’t be interested in India and Spain, because he thought the countries were “too poor” to afford Snapchat, which according to him is an app “for the rich”. This, despite an employee’s concern that Snapchat wasn’t doing enough to woo Indians, which has one of the largest user base of smartphones and was growing by leaps and bounds.

Racism in digital age

Evan Spiegel betrays both ignorance and bigotry with his stupid comment.

According to the magazine Variety, Spiegel said: “This app is only for the rich people. I don’t want to expand into poor countries like India and Spain.”

According to this report: “An ex-employee of Snapchat – Anthony Pompliano – who is currently engaged in a lawsuit against SNAP after he accused the company of misleading investors by providing inflated statistics about user data, said that Spiegel stormed out of the meeting after making this comment.”

Now that’s both misplaced hubris and some rotten ignorance.

At a time when Facebook honcho Mark Zuckerberg went out of his way to push “free internet” via Facebook to India’s 1.3 billion people, and Bill Gates makes it very clear that Microsoft is part of Narendra Modi’s Digital India project, how is it that Spiegel talks like a disconnected frat-boy that global tech can ill-afford to entertain.

There is a two-pronged misunderstanding in Spiegel’s unbelievably daft comment. Firstly, smartphone penetration and being a rich country by conservative estimates are not mutually exclusive. Hence, even a country that has low per capita income but a high GDP (seventh in the world), such as India, is a tech powerhouse and literally the world’s IT department.

Secondly, poverty, in the way Spiegel understands it, is obsolete. Nowadays, a smartphone isn’t a luxury; it’s a necessity. In fact, internet connectivity is now a human right. Even though traditional indicators such as health, education, nutrition are not top-notch in a developing country such as India, we happen to be one of the biggest markets of smartphones worldwide, because we have a huge population of young, connected individuals – exactly the demographic that Snapchat wishes to elicit into downloading its quirky app.

No wonder Snapchat is in a soup now because Spiegel has managed to miff one of most overwrought and easy-to-outrage people in the world – us Indians, but this time justifiably so.

Snapchat has about four million users in India, and clearly is much behind say WhatsApp, which has 200 million and growing. Snapchat is way behind Twitter, Facebook and other apps that are popular among Indians, because of their appeal in marked ways to woo the volatile Indian crowd. Can Spiegel really afford to be rude to a people who alone can downgrade the app by messing with ratings or simply uninstalling it en masse?

No, actually. And that’s precisely what happened. As #BoycottSnapchat trended on Twitter, the app’s rating came crashing to one star and thousands have already uninstalled it from their phones.

Twitter reactions to this digital humiliation of Indians are noteworthy:


Follow
Anurag Verma

✔@kitAnurag
While we Indians are only outraging online over Snapchat CEO's comments, Spain has lost it completely

Follow
Sanket Dhongade @shanku98
#Snapchat CEO Evan Spiegel calls India pooe. Teach him a lesson:-
1) Uninstall
2) Rate it 1star on Google play store
3) RT and spread it...

Follow
હરામી ™ @HaraME_Tweets
Dear CEO of @Snapchat
Kejriwal sir spent 1 crore rupees for chai and samosa and you think that india is poor country

Follow
Abdul Wahid Khan @iamwahid1998
Dear Snapchat CEO,
You jst triggrd the country wid 1.25 billion population! Enjoy the hatrd!
With love
We Indians.

https://twitter.com/x/status/853505806263869440

Poor guy lost a major chunk of his shareholder value in 3 seconds of brain fade... LOL

 

[maximuswarrior]

No, Pakistan is telling that the world thinks India is poor which is factual information. Don't drag Pakistan into your personal insecure vendetta.

By the way, Pakistan doesn't think India is poor, but Pakistan knows India is poor [confirm fact].

India is a country so poor that Africa looks pale in comparison. Entire Africa combined doesn't make up for the poverty in India. Let's call a spade a spade here. There is nothing racist or wrong in acknowledging an established fact. We are not responsible for Indian feelings. Indians can go to hell if they feel insulted, ashamed etc.

Poor guy lost a major chunk of his shareholder value in 3 seconds of brain fade... LOL

LOL Keep dreaming buddy. Your country doesn't even represent double digit. Get off the high horse.

 

[Vapnope]

Ito said it all.
The masses took it as an offense. India is still a 3rd world country (Of course i am not comparing Pakistani with an economic giant here). I personally didn't like the comments from CEO but his statement is backed by facts.