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Instagram co-founders Kevin Systrom and Mike Krieger resign from the company they created despite the frustration and turmoil of their increased interference and control on Instagram, according to Facebook's chief executive. , according to Mark Zuckerberg.
According to the New York Times, the duo, which founded Instagram 2010 and sold it to Facebook in 2012 for $ 1 billion, told Facebook executives that they would leave the company. The co-founders disagreed with Zuckerberg on a handful of recent product changes, including changes to comments and the way messages are shared between the two networks.
Systrom has confirmed the departure of Krieger and himself in a statement on the Instagram blog. In his statement, Systrom suggested that the two co-founders would seek to build something else.
"We plan to take some time to explore our curiosity and creativity again," said Systrom's statement. "Building new things requires us to step back, to understand what inspires us and what the world needs; that is what we intend to do.
Departures are a blow to Facebook. Instagram, which has grown rapidly and is popular with younger generations of users less interested in Facebook, has always been good news for a company that has had more than a year of bad news.
Facebook has faced many external and internal crises, including how it handles user privacy and how it is preparing for the upcoming 2018 elections. Instagram, however, has remained largely irrelevant, and gave Facebook something positive to report at the same time.
It is not uncommon for founders to leave after selling their business. But Systrom and Krieger stayed longer than many would have guessed and remained influential throughout their tenure. Systrom was the visionary of the product and was very active even after calling on other product managers to further perform the daily work.
Krieger, meanwhile, was actively leading Instagram's engineering team and was considered by many to be the "heart and soul" of the company.
Facebook has no comments yet on departure.
Earlier this year, WhatsApp's CEO, Jan Koum, left the company he founded after disagreements with Facebook's management on how to expand WhatsApp's business. One of the great things about Instagram all these years was that it worked largely independently (or at least it was for employees).
The departure of Systrom and Krieger likely means that Instagram will be primarily managed by Facebook executives, although the influence of Facebook on Instagram has begun to increase over the last year, sources said.
Another Instagram frame, COO Marne Levine, also left Instagram this month to play a bigger role on Facebook.
Here is Systrom's complete statement:
Mike and I have been grateful for Instagram for eight years and six years for the Facebook team. We have grown from 13 to more than 1,000 offices worldwide, while building products used and valued by a community of more than one billion people. We are now ready for our next chapter.
We plan to take some time to explore our curiosity and creativity again. Building new things requires us to step back, to understand what inspires us and what the world needs; that is what we intend to do.
We remain excited for the future of Instagram and Facebook in the coming years, as we move from the leader to two users out of a billion. We look forward to seeing what these innovative and extraordinary companies will do next.
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