Can Evan Spiegel Keep Snapchat’s Staff From Boiling Over?

Evan Spiegel

Photographer: David Paul Morris/Bloomberg

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They’re like lobsters escaping a steamy death. Since Snap Inc.’s March 2017 public listing, at least five vice presidents and the general counsel have left the Los Angeles messaging company. The lawyer who filled the general counsel vacancy was the personal attorney for Snap Chief Executive Officer Evan Spiegel and a friend of Spiegel’s dad. The lawyer’s previous experience included negotiating with Snap to get Spiegel majority voting power and an IPO stock award, which amounted to $637 million.

My colleague Sarah Frier put it bluntly in her dig into the unrest at Snap, saying Spiegel “prefers executives who don’t challenge his ideas,” according to people she spoke with.