Snapchat CEO Evan Spiegel speaks millennial at #StartupColumbia Festival in Columbia University

Snapchat CEO Evan Spiegel speaks millennial at #StartupColumbia Festival in Columbia University. The students and entrepreneurs of Columbia University, Mahajan, along with his classmate Karen Yuan, asked Spiegel, the 25 years old CEO, what it was like to launch a company in college.

Spiegel, dressed very casually and not so active in his pursuit of media interviews or appearances - thought on the early days of Snapchat.

When the students asked him: How to balance schoolwork and entrepreneurship? "If you're OK with getting bad grades, then it doesn't really matter," said Spiegel, who had decided to turn a project for one of his classes at Stanford University into what Snapchat is today.

"You hear Evan Spiegel and think, oh, the Snapchat CEO, he's so successful, and then you see a slightly dorky guy here talking about himself and his friends working on a startup at his parents' house," Mahajan told International Business Times.

The five years old, Snapchat has captured more than 100 million daily active users. More than 60 percent of smartphone owners in the U.S. between the ages of 13 and 34 use the app. The Venice, California-based company has raised $1.34 billion and is valued at $16 billion.

Snapchat, did not hit users immediately. It certainly took some time. The student, Mahajan who interviewed the CEO and who crowns Snapchat as his most-used social network today, had not used it first. He downloaded the app in 2013 right before he entered Columbia. Well! The Millennial, Evan Spiegel we wish you all the best for your future 'Snapchat' endeavors.

Now! Snapchat is used by gossip and rumor queens "The Kardashians" too. They post exciting news on the App. Check it out!