Here’s The Reason Behind Snapchat CEO’s ‘India Is Too Poor’ Statement, And What It Actually Means!

The Internet has become a surface pf expressions and unfortunately, the surface is made up of the details presumed from media sources. Whatever the length of the speech, the statement or the announcement might be, media channels often gets cheesy about picking out some click bait line and aim for the TRPs.

The incident where Aamir Khan spilled the beans on intolerance, the never ending leftist speeches given by Kanhaiya, whatever the situation might be, the idea of picking out the interesting lines and quoting them as headlines have become fashion. But, it is quite literally unconvincing to believe that everyone is the victim of the media houses, there are situations where things are transparently told and addressed.

Here’s another controversial situation, and at this moment, the primary character in the story is the youngest Billionaire in the world, Evan Spiegel, CEO of the popular social networking handle, Snapchat.

Earlier in 2015, when asked about the app’s slow growth in a broad market like India which has a growing mobile penetration an employee quick quoted the CEO’s statement by saying “This app is only for rich people”.

The respective media houses released his statements, Evan even said: “I don’t want to expand into poor countries like India and Spain.”.

But, despite this distasteful comments, if we chose to interpret the another side of the coin, this might make sense. The most important thing to be considered is, the statements were made by Evan precisely two years ago. And after all, there was no predominantly good Internet in India in 2015. And if these things are taken seriously, we must also understand that SnapChat CEO allegedly told his team two years ago that he doesn’t want to expand into poor markets like India according to an ex-employee of Snapchat.

Now, in considering Evan’s words in a business genre, the meaning will be definitely different to what is exposed on media. Back in 2015, Internet penetration in India was still less than 20% where in countries likes the USA it’s above 75%. An average Indian spends around 100USD per year whereas it’s over 1000USD at US and European markets.

At this moment, India is going through a digital revolution and Snapchat has started concentrating on the Indian market like very other silicon valley giant. On the other hand, sources claim that the ex-employee is fired from SnapChat and is working for Facebook.

However, it must be concluded that we Indians love to take offense and often get influenced. Campaigns of uninstalling SnapChat are already going viral on social media, the hashtag #BoycottSnapchat is now trending. Netizens are now, brutally asking people to rate it as 1star on Playstore.

 

Here’s The Reason Behind Snapchat CEO’s ‘India Is Too Poor’ Statement, And What It Actually Means!

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