Evan Spiegel, the CEO of Snap, encourages new hires to present ideas on their first day without any preparation to help them overcome the fear of failure and foster innovation. He emphasizes that while most ideas may not be great, the key is to generate numerous ideas to find the few that are valuable. Spiegel believes that by exposing employees to potential failure early on, it liberates them to think creatively. Snap's culture of experimentation and continuous innovation has been credited for the company's success since its inception over a decade ago. Despite challenges and setbacks, Snap has remained innovative and distinct in the social media landscape. Evan Spiegel, who co-founded Snapchat as a young entrepreneur, prioritizes generating a high volume of ideas over striving for perfection, challenging conventional startup norms.