Instagram Co-founders Kevin Systrom And Mike Krieger Quit FacebookByNitish Singh-September 25, 2018.800 Both Instagram co-founders resigned from Facebook to work on new ventures. Kevin Systrom and Mike Krieger worked for eight years at Instagram and Facebook. Instagram is the most successful acquisition on Facebook, estimated at over $1 billion. Instagram has played an essential role in the growth of Facebook in recent years. The photo-sharing site has helped Facebook attract more than a billion users, and co-founders of Instagram Kevin Systrom And Mike Krieger are now looking for new avenues. The co-founders announced that they want new things to be created, and that allows them to step back and focus on creativeness. Even after the social media giant purchased Instagram in 2012, Systrom and Krieger were a part of Facebook and the pair was very important to the success of the website. The co-founders have been successful in competing against Snapchat’s likes and have managed to create their product with just 13 people, and have expanded with the app now supported by thousands of offices around the world with over a billion users. How much of an impact the departure of the pair will have is uncertain. Facebook was plagued with criticism after multiple crises, including the Cambridge Analytica scandal manipulative advertising by political parties and fake news were not controlled by the social media company. On the contrary, users are still satisfied with the Systrom and Krieger app and for many Facebook users the platform has proved to be a highly successful alternative. Systrom has confirmed they’re excited about the future of Facebook and Instagram. The co-founders are also looking forward to seeing how the networks continue to innovate for trillions of users around the world.
Author Jeanne Higgins