Instagram Founders quit after differences with CEO, Mark Zuckerberg
The Founders of image based social media platform, Instagram call it quits amid growing rifts between themselves and Facebook, CEO, Mark Zuckerberg over the direction of the mobile app. Instagram built by Mike Krieger and Kevin Systrom has accumulated over 1 billion users over six years. They sold the company to Zuckerberg for $ 715 million.
In a blog post, Kevin Systrom commented, "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 taking some time off 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,” added the blog post."
The blog post further said, "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,”