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Kevin Systrom and Mike Krieger, respectively CEO of Instagram and CTO, have announced that they will leave the company in the near future, according to Bloomberg. The duo founded the photo sharing app before selling it to Facebook in 2012 for $ 715 million. At the time of the sale, Instagram had only 30 million users, but since the acquisition of the service by Facebook, its user base has exploded to exceed one billion.
But it may be that the acquisition of the application by Facebook has finally led the co-founders of Instagram to resign. Bloomberg reports that Systrom and Krieger decided to resign after "growing tensions" with Facebook founder Mark Zuckerberg, who is more involved in the daily management of the service. However, in a Systrom statement, he stated that he and Krieger were retreating to "re-explore our curiosity and creativity":
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.
After the news came out, Zuckerberg issued a statement saying, "Kevin and Mike are extraordinary leaders and Instagram reflects their combined creative talents. I've learned a lot from working with them for six years and I really enjoyed it. I wish them the best and I can not wait to see what they will build next. "
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