As Instagram Joins The List, Founders of Acquired Startups Parting Ways With Mark Zuckerberg

Must Read

Elon Musk Added Over $100 Billion To His Net Worth In Just 1 Year, Leaves Jeff Bezos Behind

Jeff Bezos may the world's richest person in the world but it's Elon Musk who has been...

Elon Musk Overtakes Bill Gates And Becomes the 2nd Richest Person in the World

It's been a good week for Elon Musk and his electrical vehicle business Tesla. Earlier this week,...

Has Zuckerberg Finally Accepted That Facebook Spies On Users?

It seems like Facebook is headed towards more investigation and scrutiny as recently, Facebook has been alleged...

It’s been a series of executive departures for Facebook Inc. (NASDAQ: FB) now and the latest one to join the wave are Instagram co-founders!

In consonance with revelations by The New York Times, as a result of fueling tensions now and then, the Chief Executive Founders of Instagram, Kevin Systrom and Mike Krieger, are leaving Facebook. This comes in the aftermath of the above-mentioned tension with the CEO of Facebook, Mark Zuckerberg regarding the course of the plan of the photo-sharing app.

Kevin Systrom and Mike Krieger have been a part of the company since its acquisition by Facebook in 2012. It’s not an undercover matter that Facebook has been highly dependent on the photo-sharing app for its future growth. But frustration amounted to rise too much about the day-to-day involvement routing by Zuckerberg, and this has possibly led to the recent fallout!


The New York Times had previously let out a hush-hush story about the Co-founder duo’s departure from the Facebook space. However, the confirmation came quite recently in a blog post. Facebook has decided to remain the mute spectator and hasn’t made any comments about the tension yet.

Marking the Fifth Founder Exit!

The recent fallout marks the fifth founder departure from all the high-profile acquisitions of the Tech Titan. The first exit ever was marked by WhatsApp cofounders duo, Brian Acton and Jan Koum who left Facebook in 2017 and 2018, marking a real expensive split -leaving about $1.3 billion on the table.

Palmer Luckey followed suit and left Facebook’s $2 billion VR acquisition, Oculus in the same year.

Facebook’s chief security officer, Alex Stamos, also bid adieu to the company this year. This exit was the repercussion of previous disputes regarding Facebook’s discretion of how much it should reveal about Government’s misuse of the data and the platform.

Furthermore, one might take a note that although under the roof of the parent company Facebook, Instagram has always strived hard at different levels in order to maintain their identity as an individual platform.


What appears outside the shell as of now is Facebook’s masquerade of a digital conglomerate! This, of course, is operated by apps and have their own share of billing. Identified as unique brands with their own user base and needs, they have all been quite successful as an individual amounting 2.3 billion for Facebook; 1.5 billion for Whatsapp; 1.3 billion for Messenger; 800 million for Instagram. Dollar-eyed emoticon, anyone?

What Does This Departure Mean for Facebook?

“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. 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.” – Kevin Systrome

The mentioned departures come into light wherein Facebook isn’t in its best phase!

The social media leviathan has been trying hard to regain user trust following the last U.S Presidental election over its platform. To add up to the woes, recent Cambridge Analytica Scam has also hit the company where it hurts and has quite brutally scarred its reputation.

With the slate of scandals hovering around Facebook like doomsday, Instagram has continued to rise. Growing past 1 billion monthly users throughout the world, Facebook has only one safe option to bank for and that is, undoubtedly, the photo-sharing app.  This may be the reason, Zuckerberg hasn’t stopped mentioning about Instagram in its earnings calls.


Please enter your comment!
Please enter your name here

Latest News

India Bans 43 More Apps As Indo-China Feud Continues

The latest move of the Indian Government has proved that Chinese-origin apps won’t catch a break any...

ShareChat Acquisition: What’s Google Up To?

The news related to acquisition of ShareChat is once again making rounds on the internet. It seems like Google...

Elon Musk Overtakes Bill Gates And Becomes the 2nd Richest Person in the World

It's been a good week for Elon Musk and his electrical vehicle business Tesla. Earlier this week, after Tesla Inc.'s rocky road...

iPhone 12 Plagued With Serious Problems: Should You Buy It, Still?

A serious problem with Apple iPhone 12, identified recently, is good enough to give a second thought to your decision of buying...

Facebook Threatens Research Team To Shut Down In A Bid To Hide Their Dirty Secrets

Facebook Inc. (NASDAQ:FB), in a bid to hide their dirty secrets, recently threatened a small academic team to shut, all in the...

Does CCI Verdict On Reliance Future Group Deal Hints Who Will Have The Last Laugh?

Biyani's Future Group, Ambani's RIL, and Bezos' Amazon have been in a three-way dispute for the past month. This dispute was sparked...

In-Depth: Dprime

Will ‘TikTok By Microsoft’ Be A Winner?

For the last two years, TikTok has been in the public eye for all sorts of reasons. First, it was the exploded...

Facebook Subscription Model: Looking Beyond Ad Dollars?

Seldom do job listings create a stir this gripping. However, when the job listing in question is a stealth post from Twitter,...

Will The Online Food Delivery Market in India End Up Becoming A Two-Horse Race?

It's pretty much evident that the food delivery space in India is all set to get riled up soon enough as one...

More Articles Like This