Tuesday, 02 October 2018 08:19

Instagram's Cofounders Are Quitting Tensions with Mark Zuckerberg Featured

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  • Instagram's two cofounders, Kevin Systrom and Mike Krieger, are leaving the company.

  • The duo currently serve as the Facebook-owned photo-sharing app's CEO and CTO respectively.

  • According to a report from Bloomberg, the departures come "after growing tensions with [Facebook CEO] Mark Zuckerberg over the direction of the product.

  • It comes after months of chaos and scandals for Facebook.

Mike and I are grateful for the last eight years at Instagram and six years with the Facebook team. We’ve grown from 13 people to over a thousand with offices around the world, all while building products used and loved by a community of over one billion. We’re now ready for our next chapter.

We’re planning on leaving Instagram to explore our curiosity and creativity again. Building new things requires that we step back, understand what inspires us and match that with what the world needs; that’s what we plan to do.

We remain excited for the future of Instagram and Facebook in the coming years as we transition from leaders to two users in a billion. We look forward to watching what these innovative and extraordinary companies do next.

Kevin Systrom, Co-Founder & CEO


Read 253 times Last modified on Tuesday, 02 October 2018 08:53


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