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I think this article has no point other than to make the reader dislike Evan Spiegel.

That said, understanding that he came from an extremely privileged background does make it slightly easier to understand how he could be sufficiently detached from the money to turn down the multi-billion-dollar offers he's received.

Yeah, I used to think they might have an ace up their sleeve after turning down the facebook offer. This article is making me think it's just because their CEO is spoiled and arrogant.

Why did it make you dislike him? Shouldn't you make the best of what you have?

I disliked him immediately after reading the line

The note, accompanied by a plea for a new BMW 535i

Has anyone been able to find out what he studied while at Stanford?

Same thing most other Stanford grads study: how to beg rich adults for money. They are very good at that.