Snapchat CEO Evan Spiegel has said that he is “definitely angry” and “definitely devastated” after details of a business deal between the mobile app and Sony were revealed.
Leaked emails revealed that Snapchat had acquired a company focused on wearable tech similar to Google Glass and a QR code-scanning company, and there was some insight into Snapchat’s rejection of Facebook’s reported $3 billion failed acquisition.
In an open letter, Siegel said: “Keeping secrets means coming home late, after working all day and night. Curling up with your loved ones, hanging out with your friends, and not being able to share all of the incredible things you’re working on. It’s painful. It’s tiring.
“Secrets also bring us together. We keep secrets because we love surprising people. We keep secrets because it’s the best way to keep showing the world that growth is not only possible, it’s necessary. We keep secrets because it’s the right thing to do, not because it’s the easy thing to do. We care about taking the time to get things right. Secrets help us do that.”
Speigel said that it is “not okay that people steal our secrets and make public that which we desire to remain private” and said that after being “really mad and angry and upset”, it would move on.