https://www.cnbc.com/2018/05/29/snap-ceo-evan-spiegel-on-facebook-at-code-2018.html

Snap CEO Evan Spiegel said he isn't worried that Facebook's Instagram continues to imitate its core features.

"Snapchat is not a bunch of features," Spiegel said on Tuesday at the Code Conference in Rancho Palos Verdes, California. "It has an underlying philosophy that runs counter to traditional social media."