{"id":5807,"date":"2018-09-25T12:49:36","date_gmt":"2018-09-25T09:49:36","guid":{"rendered":"https:\/\/ugmirror.com\/?p=5807"},"modified":"2018-09-25T12:49:36","modified_gmt":"2018-09-25T09:49:36","slug":"instagram-founders-resign-from-facebook","status":"publish","type":"post","link":"https:\/\/ugmirror.com\/index.php\/2018\/09\/25\/instagram-founders-resign-from-facebook\/","title":{"rendered":"Instagram founders resign from Facebook"},"content":{"rendered":"
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Just about six years after Facebook\u00a0closed its $1 billion purchase of Instagram<\/a>, both of the company’s founders are resigning, according to a report from\u00a0The New York Times<\/a>\u00a0<\/em>and confirmed by a\u00a0post on the company’s blog<\/a>.<\/p>\n

Kevin Systrom and Mike Krieger served as the company’s CEO and CTO, respectively, after pivoting the app from a Foursquare-style check-in service called Burbn to focus on photography in 2010.<\/p>\n

Less than two years after launching an Instagram iOS app, Facebook announced plans to purchase the company.<\/p>\n

At the time it had around 30 million users and has since grown to over 800 million.<\/p>\n

Their departure brings to mind the path taken by the founders of (fellow Facebook acquisition) Whatsapp,\u00a0Jan Koum<\/a>\u00a0and\u00a0Brian Acton<\/a>.<\/p>\n

Acton left a year ago and later tweeted “#deleteFacebook” during revelations over the company’s privacy issues, while Jan Koum announced his departure earlier this year,\u00a0reportedly due to clashes<\/a>\u00a0over how to handle user data.<\/p>\n

Update<\/strong>: The news\u00a0has been confirmed<\/a>\u00a0in a blog post written by Systrom.<\/p>\n

There was no indication of any issues as he said that the two are “now ready for our next chapter.”<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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Kevin Systrom:<\/strong><\/p>\n

Mike and I are grateful for the last eight years at Instagram and six years with the Facebook team. <\/em><\/p>\n

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. <\/em><\/p>\n

We’re now ready for our next chapter.<\/em><\/p>\n

We’re planning on taking some time off to explore our curiosity and creativity again. <\/em><\/p>\n

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.<\/em><\/p>\n

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.<\/em><\/p>\n

We look forward to watching what these innovative and extraordinary companies do next.<\/em><\/p>\n

Source: engadget.com<\/strong><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Just about six years after Facebook\u00a0closed its $1 billion purchase of Instagram, both of the company’s founders are resigning, according to a report from\u00a0The New York Times\u00a0and confirmed by a\u00a0post on the company’s blog. Kevin Systrom and Mike Krieger served as the company’s CEO and CTO, respectively, after pivoting the app from a Foursquare-style check-in […]<\/p>\n","protected":false},"author":27983,"featured_media":5808,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_paywall_metabox":[],"jnews_override_counter":[],"footnotes":""},"categories":[103],"tags":[],"class_list":["post-5807","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tech"],"_links":{"self":[{"href":"https:\/\/ugmirror.com\/index.php\/wp-json\/wp\/v2\/posts\/5807","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ugmirror.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ugmirror.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ugmirror.com\/index.php\/wp-json\/wp\/v2\/users\/27983"}],"replies":[{"embeddable":true,"href":"https:\/\/ugmirror.com\/index.php\/wp-json\/wp\/v2\/comments?post=5807"}],"version-history":[{"count":1,"href":"https:\/\/ugmirror.com\/index.php\/wp-json\/wp\/v2\/posts\/5807\/revisions"}],"predecessor-version":[{"id":5809,"href":"https:\/\/ugmirror.com\/index.php\/wp-json\/wp\/v2\/posts\/5807\/revisions\/5809"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ugmirror.com\/index.php\/wp-json\/wp\/v2\/media\/5808"}],"wp:attachment":[{"href":"https:\/\/ugmirror.com\/index.php\/wp-json\/wp\/v2\/media?parent=5807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ugmirror.com\/index.php\/wp-json\/wp\/v2\/categories?post=5807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ugmirror.com\/index.php\/wp-json\/wp\/v2\/tags?post=5807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}