High-profile people are distancing themselves from Snap

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Chrissy Teigen, a model who became an even more popular celebrity through her prolific and often humorous use of social media, just dealt Snapchat a blow.
Chrissy Teigen, a model who became an even more popular celebrity through her prolific and often humorous use of social media, just dealt Snapchat a blow.

While Facebook is dominating mindshare when it comes to privacy issues and tech behemoths, Snap has been experiencing its fair share of woes, losing the trust and interest of key influencers.

Last month, Kylie Jenner bemoaned Snapchat’s (SNAP) redesign to her 25 million followers on Twitter. Her single tweet sent Snap stock down as much as 8% in mid-afternoon trading, or about $1.3 billion. The tweet also spurred an uptick in short-selling, according to S3 Partners. Prior to Jenner’s tweet, Citigroup downgraded the stock from neutral to sell because of the negative feedback on the redesign.

Eleven minutes later, Jenner replied to her original tweet saying Snap is still her “first love,” as if she were dramatically ending a relationship.

Jenner, 20, the youngest of the Kardashian sisters, represents the app’s core user base — teens and young adults. Snapchat, which has always been criticized for being unintuitive to users, previously allowed you to see content from all of your Snapchat friends in one place. The controversial redesign separates your friends from celebrities, influencers and publishers, making it a cumbersome process to move back and forth.

Unfortunately for Snap, the redesign, which rolled out on Feb. 6, is merely one factor in user outrage.

Earlier this month, Snap approved an ad for a third-party game called “Would You Rather!” that presented users with two options — “Slap Rihanna” or “Punch Chris Brown.” The premise is ridiculous in any situation, but a particularly sensitive match-up as it refers to Chris Brown being charged with assault on his ex-girlfriend Rihanna in 2009.

(Snapchat)
(Snapchat)

Over a year ago, I explained how Snap was setting itself apart from the likes of Facebook (FB) and Twitter (TWTR) by cracking down on clickbait and banning explicit images, especially because its audience tends to skew younger. Then, last month, Snapchat opened its marketing API for all developers to use, which essentially opens up the floodgates in a sense. And, just this week, Mashable reported that Snap is developing a new tab called “Connected Apps,” which would allow users to connect third-party apps with their Snapchat account. If this sounds eerily familiar, it’s because it’s precisely the reason that Facebook has been in hot water.