Instagram co-founders Systrom and Krieger leaving Facebook-owned firm

By Mutala Yakubu
Kevin Systrom (R) and Mike Krieger continued to run Instagram after it was acquired by Facebook in 2012
Kevin Systrom (R) and Mike Krieger continued to run Instagram after it was acquired by Facebook in 2012

The co-founders of photo-sharing giant Instagram, Kevin Systrom and Mike Krieger, are both leaving the firm.

Mr Systrom, chief executive, said they were departing to "explore our curiosity and creativity again".

Instagram was purchased by Facebook in 2012 for $1bn (£760m) in cash and stock and has more than one billion users.

There had been reports of tension between the pair and Facebook, and the departures add to what has been a troubling year for the parent company.

Mr Systrom, 34, the CEO, and Mr Krieger, 32, the chief technical officer, started the image sharing site in 2010, and continued to run the service after it was acquired by Facebook.

What have the pair said?

Not a great deal. They reportedly only told the Facebook leadership on Monday so the departure appears pretty sudden.

In a blog post, Mr Systrom said: "We're now ready for our next chapter.

"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."

There was no animosity in the blog post. Mr Systrom said the pair both remained "excited for the future of Instagram and Facebook".

So what will become of Instagram now?

Analysis by Dave Lee, BBC North America technology reporter

The firm was quite deliberately treated like a separate company owned by Facebook, rather than merely a department or division, because it was Instagram's culture that made it such a valuable acquisition.

Kevin Systrom and Mike Krieger were responsible for that culture - the entire feel of an app that was in many respects the anti-Facebook. It lacked the clutter and noise that had made Facebook bloated in many people's eyes.

But slowly, in recent years, the Instagram app started putting on that weight. Algorithmic ordering of the timeline... and ads, so many ads. If being mocked for brazenly stealing ideas from Snapchat wasn't grating enough for Mr Systrom and Mr Krieger, the pressure to make Instagram more like Facebook has apparently pushed them to breaking point.

One of the names being touted as the next boss of Instagram is Adam Mosseri. He's currently head of product, and has a CV that some of Instagram's loyal users might find ominous - he was formerly in charge of Facebook's Newsfeed.
They are not the first to jump ship

Indeed not. In fact it echoes what happened with WhatsApp.

Its chief executive and co-founder Jan Koum said in April he would quit the popular messaging service he co-founded in 2009 and sold to Facebook in 2014.

Oddly, Mr Koum's departure statement is also a direct echo of Mr Systrom's.

Analysts of that move also spoke of clashes with Facebook.

Mr Koum's departure sparked an executive reshuffle that saw the tightening of Mr Zuckerberg's control over operations.
The rise of Instagram

Mr Systrom and Mr Krieger met while studying at Stanford University.

The two were inspired to create the Instagram app - originally launched just for iPhones in 2010 - by old Polaroid pictures.
nstagram had around 30 million users in 2012, the year it was purchased by Facebook for what appeared to be an eye-watering $1bn.

It was also ad-free. That changed. But so did the number of users - now more than a billion.

The Forbes billionaires list estimates Kevin Systrom's net worth at $1.4bn. Mike Krieger's net worth is less. There are no definitive figures, ranging from $100m to $500m.

What has the social media chatter been?

One Twitter post highlighted the use of the word "again" in Mr Systrom's "explore our curiosity and creativity again". "Was it a slight dig from Systrom with the 'again'? You be the judge (I judge yea)," wrote Kara Swisher.

NBC media reporter Dylan Byers wrote that the Instagram pair had saved Mark Zuckerberg.

Source: bbc