Snap ad exec Sriram Krishnan quits to spend more time with family
Snap ad executive Sriram Krishnan has snapped after enduring a weekly commute from hell for the past year shuttling between offices in San Francisco and Los Angeles, choosing to call it a day and spend more time with his wife.
Krishnan’s departure is an inauspicious timing for Snap which is poised to undergo its long-awaited IPO, sparking gossip that Krishnan, a former Facebook Audience Network executive, had less than high hopes for the launch.
Scotching such suggestions in a Twitter post however Krishnan said he was simply seeking to relocate to the Bay Area to spend more time with Aarthi Ramamurthy, founder of camera and gadget rental start-up Lumoid, family and friends.
so...I have some news...
— Sriram Krishnan (@sriramk) February 19, 2017
I'd like to thank @dottkhan for the opportunity and @petersellis and the entire team for being amazing colleagues I've gotten to learn from. — Sriram Krishnan (@sriramk) February 19, 2017
I'd like to thank @dottkhan for the opportunity and @petersellis and the entire team for being amazing colleagues
I've gotten to learn from.
— Sriram Krishnan (@sriramk) February 19, 2017
Excited to do something new & different soon but for now, looking forward to less of airports and more of Netflix binging with @aarthir... — Sriram Krishnan (@sriramk) February 19, 2017
Further dispelling such fears are the latest ad growth figures contained within Snap’s IPO filing, which show revenue reaching $400m in 2016, a six-fold increase on the $59m recorded in 2015.
Snap has confirmed the departure but provided no further comment.