Instagram co-founders relinquish positions at Facebook


Two founders of photo sharing app Instagram are leaving the Company adding to the challenges facing parent company Facebook which owns the platform.

According to Bloomberg, sources close to CEO Kevin Systrom and Mike Krieger the Chief Technical Officer revealed that the two left the company after being frustrated by Facebook CEO Mark Zuckerberg’s constant interference with the photo app.

The news was first mentioned in the New York Times but it was later confirmed in a blog post written by Systrom.

According to the blog, Systrom revealed that he and Krieger were taking time off to “explore their creativity and curiosity.”

“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,” Systrom said in the blog.

“Krieger and I are grateful for the last eight years at Instagram and six years with the Facebook team,” Systrom wrote.

Subsequently, Facebook CEO Mark Zuckerberg confirmed the incident and bid the pair farewell as he wished them the best in their endeavors.

“Systrom and Krieger are extraordinary product leaders and Instagram reflects their combined creative talents,” said Mark Zuckerberg in a statement.

“I have learned a lot working with them for the past six years and have really enjoyed it. I wish them all the best and I’m looking forward to seeing what they build next.”

This is not the first time that individuals who have sold their companies to Facebook have resigned. In 2017 Whatsapp co-founder Brian Acton left the company purchased by Facebook following disagreements with Mark Zuckerberg over data privacy. Early this year, another Whatsapp co- founder Jan Koum followed suite.

Without Systrom and Krieger at the helm, Instagram may struggle to continue growing at its previous pace while also maintaining independence from the Facebook juggernaut.

Facebook initially purchased the photograph app in 2012 in a lucrative Sh101,030,000,000 billion ($ 1 billion) deal.


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