Snapchat CEO says Facebook copied its features, but not its values

Evan Spiegel, Snapchat CEO
Evan Spiegel speaks at Code Conference. Photo: Asa Mathat for Vox Media

Snapchat's CEO, Evan Spiegel, told an industry crowd that he doesn't obsess over Facebook's habit of adapting his social network's ideas.

“I think it bothers my wife more than it bothers me," Spiegel said at the Code Conference Tuesday evening. "Fundamentally, it is important to understand that Snapchat is not just a bunch of features.”

The context: Facebook has borrowed liberally from Snapchat's most successful features, including Stories, which are now popular across Facebook, Instagram and WhatsApp.