It’s a rite of passage for a young, booming social media company: You get on a long flight from California to France, head down to the annual advertising festival in Cannes and tell marketers that you know what young people are up to. And that you’re happy to help marketers find them.
He also explained that Snapchat makes lots of crummy stuff. It just tries to keep it private (see what I did there?). Via VentureBeat: “I would say [we] probably release about one percent of the products we’re working on.” Spiegel said. “We build stuff all the time that’s never released. It’s just terrible.”
One big difference between Spiegel and some of the other young tech Turks that have come to Cannes is that Spiegel has always seemed interested in building an actual advertising business. That doesn’t make him a polished pitchman, but I think he is much more effective than some of his peers because he really does want to make the sale.
Here’s a video about video ads that Spiegel put out this morning in conjunction with his Cannes appearance. It’s not slick — TechCrunch slyly referred to it as “Dadvertising” in the URL of its story — and I suppose it’s possible that it’s a wry Tim and Eric-style parody of ads about ads.
But do note the part where Spiegel explains that targeting users based on the data they generate — the holy grail of advertising for the last 15 years — is creepy and that Snapchat is above all of that.
That could be an issue down the line.
This article originally appeared on Recode.net.