How to Make Money out of Thin Air
What it means to be an entrepreneur in 2022
Published in
11 min readSep 20, 2022
In June 2015, Snapchat’s CEO Evan Spiegel closed a $50 million financing round. Instead of investing it all into the company, Spiegel went and used a nice chunk of that change to buy himself a Ferrari. This didn’t look good from the start. 2 years later, in June 2017, he was awarded an $800 million bonus for taking the company public…