+6011 1144 5462Instagram’s founder on whether he’d sell to Facebook again: ‘When someone comes and offers you a billion dollars for 11 people, what do you say?’
07 November 2019
If Kevin Systrom could do it all over again, he would probably still sell Instagram to Facebook.
The Instagram cofounder and former CEO made an appearance at The New York Times DealBook conference on Wednesday, where he was asked whether he’d go through with the acquisition again.
According to NBC News reporter Dylan Byers, it would probably be a no-brainer.
Systrom left Instagram in 2018, six years after it was bought by Facebook for $1 billion. Systrom and cofounder Mike Krieger reportedly decided to leave over “growing tensions with Mark Zuckerberg.” Last October, Systrom said that he “has a few more Instagrams, time-wise, in me.”
Before leaving the company in September 2018, Systrom stopped posting on the platform. His last post was on May 20, 2018.
Source: BusinessInsider
The Instagram cofounder and former CEO made an appearance at The New York Times DealBook conference on Wednesday, where he was asked whether he’d go through with the acquisition again.
According to NBC News reporter Dylan Byers, it would probably be a no-brainer.
Systrom left Instagram in 2018, six years after it was bought by Facebook for $1 billion. Systrom and cofounder Mike Krieger reportedly decided to leave over “growing tensions with Mark Zuckerberg.” Last October, Systrom said that he “has a few more Instagrams, time-wise, in me.”
Before leaving the company in September 2018, Systrom stopped posting on the platform. His last post was on May 20, 2018.
Source: BusinessInsider
