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Starting today, Spotlight is Reals. Same place. Same spontaneity. Same everyday moments... just a name that keeps it Reals.
79,281 views • 7 months ago •via X (Twitter)
33 Comments

Would've been a better April Fools' to say you were going to stop paying Stock Based Comp

April Fools’! Spotlight isn’t becoming “Reals,” but keeping it real is here to stay. Learn more about Spotlight’s momentum:

I looked at the share price and remembered it was April fools day today. Thank god it’s not real.

End this clown show

god this dude is such a terrible ceo

It’s time to retire Evan

Today’s a big day for snapchat today we’re changing the name from snapchat to dumpster fire

What about investing your time in returning value for shareholders

@evanspiegel get your act together man

I don't know if this is because of the retail activist attention $SNAP is getting but is this the first time we saw Evan in a promo video? @RandianCapital?

$SNAP is the only company that has a good chance of giving YouTube “REALS” competition!

your stock is down 91% from its all time high. down 51% in 2026 alone. $4.66. all time fucking low. you lost 3 million DAUs last quarter. north america dropped from 97 million to 94 million. J.P. Morgan rated you a sell. morgan stanley slashed your price target by 32%. 35 out of 43 analysts say hold sell or underperform. the EU just opened a formal investigation into your platform over child safety. an activist investor just publicly called your enterprise value ‘comically small’ and said the company could be worth 7x more under someone who isnt you. yahoo finance named you one of the worst CEOs of the year. and you know what really makes me sick? you personally sold 43.8 million shares since 2021 and bought exactly zero. not one. you dumped $10 million worth in january while people like me were holding this shit watching our money vanish. i put hundreds of thousands of dollars into this company because i believed in the vision and i am down catastrophically because of your leadership. people trusted you evan. real people with real money. and while we were bleeding out you were cashing checks and selling your own stock every single quarter. and then today. april fucking first. with the walls closing in from every direction. your big announcement is renaming spotlight to ‘reals.’ a tiktok clone you launched four years late renamed after instagram reels. thats your answer. not a turnaround plan. not a response to the activist investor who called you incompetent to your face yesterday. not an explanation for why your company is worth less than a rounding error on meta’s balance sheet. a name change. for a feature nobody uses. filmed in a cute little video while your shareholders are underwater by 90%. you should be ashamed of yourself. every second you spent filming that video is a second you werent spending trying to save the company that people trusted you with. go fuck yourself evan. sincerely every investor who believed in you and got robbed for it

Such an innovative CEO. Great work from the 5000 employees. Really takes a village to formulate and execute these ideas

Worst tech CEO

if nothing else, at least Evan has a sense of humor

Fuck u Evan. Eat a dick

but whats spotlight?

Bro stop making $snap your personal milking cow lol

Without even listening to what you said I’m just happy to see SOME SORT of engagement 👏

@evanspiegel You have a chance to make @Snapchat the top turnaround story of 2026 or become the worst CEO who destroyed one of the best company !

What an absolute cuck.

Evan, you suck.

We want peer to peer prediction markets so we can bet on our friends lives

This feels like the mcdonalds burger video but worse

no way you named it your competitors most popular product

literally no one cares

"We contribute to human progress by empowering people to express themselves, live in the moment, learn about the world, and have fun together." To the 16% of you that we are firing because of AI... We lied.

History doesn’t repeat itself but it often rhymes

My account was banned

What a joke lol

Worst ran company I’ve ever seen. How did Spiegel graduate from Harvard?

hahahaha

Bonjour, mon compte Snapchat Scorsize (VOCAST) est en très forte croissance : +60 000 abonnés en 1 mois et des centaines de milliers de vues sur Spotlight. Pouvez-vous m’indiquer pourquoi la monétisation n’est pas encore débloquée et quelles conditions exactes il me manque ?
