What comes after smartphones, with Snap CEO Evan Spiegel
Episode publishedPodcast: Cheeky PintCheeky Pint
Transcript preview
Preview only
This is pretty funny playing chess in the pub. Cheers. Cheers. Good to
see you. Good to
see you. Thanks. So
give me the Snap 2026 update. Product, business, just what do you spend your days thinking about?
Well, we've described it as the crucible moment. Actually, we described it as that towards the 2025, and it is just proving to be true in a major way for a couple of reasons. One, we're about to reach a billion monthly active users, which is a big deal for us. We're really excited about the the progress in the core Snapchat business. We're also on the verge of net income profitability, which is really exciting for us, especially as we invest really meaningfully in hardware and our specs glasses effort. And that maybe brings me to the last point, which is that specs are coming to consumers for
Why have specs been hard to get right? Like, the vision you guys have had for a while, I think, has generally existed for a while. You know, there were precursors like Google Glass and actually, was it a precursor, or did you guys have specs before that?
We've been working on specs probably since 2014. I think Glass came out in 2013, I wanna say.
Anyway, similar times. You guys have been working on specs since very early on. Describe some of the technical challenges because it seems technically challenging with a lot of militarization challenges, but maybe give us an overview of why specs are hard to make work.
Yeah. The technical challenges are extraordinary. I mean, I think the promise of specs is that you take the capability that people have experienced and sort of pass through VR, right, but put it into a see through glasses form factor. And that's the space that's unoccupied today, right? You basically have very low capability, you know, smart glasses or AI glasses, which are kind of like AirPods with a camera sort of thing. And then you have, you know, very high capability virtual reality devices like the Vision Pro. And I think the sweet spot for specs coming later this year is the wearability
Keep exploring with a free account.
A free account preserves the short preview. Upgrade to Pro for the full transcript and episode chat.