India, a country that is known for technology and whose IT sector contributed to about 1.2 percent to its GDP way back in 1998, which went as high as 7.5 percent in 2012. A country like this was rejected by the CEO of Snapchat, with remarks that he would not want Snapchat to grow in a poor country like India, as expressed by Anthony Pompliano, a former employee at Snapchat. The country also ranks at number 3 for technology. How can any business, let alone IT related firm ignore the potential of this 1.34 billion strong nation!
The founder/boss of this highly advanced and famous chatting tool was accused of expressing low interest for his app’s growth in India. Accusations were filed court documents against Evan Spiegel as evidence for a case against the company (Snapchat).
Snapchat’s legal authorities described Anthony as a poor employee/candidate with respect to his performance, who was also fired for the same reason.
While Anthony informed the media that he was kicked only after he had found a flaw and reported it. The flaw wrongly calculated the user’s data. Now was this a genuine error or was the system deliberately coded to record extra & incorrect data, to strengthen its value. As more activity and users on the apps mean a better opportunity for investors. And we all know what that means, MORE MONEY! We don’t know what it is. All we can do is hope that we find out!Antho
Pompliano also accused Snapchat for misrepresenting or wrongly revealing the story regarding his departure from the company! He continued by adding that he had suggested better ideas and implementation strategies for growth in major markets, where he was unexpectedly interrupted by Mr. Spiegel, who claimed that Snapchat was made only for the Rich!