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Jim Cramer calls Snap CEO Evan Spiegel 'arrogant' after first-ever earnings call (SNAP)

Snapchat CEO Evan Spiegel is under fire after his performance during Snap's first-ever earnings call.

Jim Cramer

Snapchat CEO Evan Spiegel is under fire after his performance during Snap's first-ever earnings call.

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Despite Snapchat's less-than-stellar growth during the first quarter, the 26-year-old Spiegel was defiant and laughed off concerns that Facebook was encroaching on Snapchat's turf, a move CNBC's Jim Cramer called "so arrogant."

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Cramer took issue with Spiegel comparing Snapchat and Facebook's rivalry to the one between Yahoo and Google at the turn of the century, and suggested that "humility is a fabulous thing."

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This isn't the first time that Spiegel has been called arrogant, however — he discussed the topic during his commencement address at USC two years ago, referencing his choice to turn down an acquisition offer from Facebook.

Watch Cramer's full remarks below.

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