After WhatsApp co-founder Jan Koum left Facebook earlier this year, Instagram co-founders Kevin Systrom and Mike Krieger are also leaving the social networking giant. Facebook had acquired Instagram for $715 billion back in 2012.
Both co-founders have already given their resignation and will be leaving the company in the coming weeks. Mark Zuckerberg has already issued a statement filed with kind words regarding Instagram co-founders leaving the company.
“Kevin and Mike are extraordinary product leaders and Instagram reflects their combined creative talents,” Zuckerberg said in a statement. “I’ve learned a lot working with them for the past six years and have really enjoyed it.”
However, as per TechCrunch report, tensions between Instagram co-founders and Facebook leadership has only grown in recent times. Kevin Systrom has also had multiple clashes with Facebook’s CEO Mark Zuckerberg multiple times over the year, particularly related to sharing data back with Facebook.
Systrom and Facebook CEO Mark Zuckerberg had historically gotten along, but they had diverging opinions at times. A source said that a few times a year they’d clash before resolving things. Those clashes included “Sharing back to Facebook. Kevin wanted to keep the sharing on Instagram but at some point Mark wanted content production on Instagram to flow to Facebook. But things got more heated lately. “Recently Mark decided to pull all of the links to Instagram from Facebook.”
The departure of Instagram co-founders come after a number of high profile executives have left Instagram in recent times. This includes the company’s COO Marne Levine who went back to her previous role of leading partnerships at Facebook and Nicole Jackson Colaco, Instagram’s director of public policy.
Facebook’s growth is already slowing down and it is expected to slow down even further in the coming years. This is why the company is looking at Instagram to further fuel its growth which is massively popular among teenagers and youngsters.
Facebook’s Adam Mosseri might lead Instagram now, though Facebook is yet to make an announcement about the same.
Adam Mosseri, who formerly ran Facebook’s news feed, was brought to Instagram to be head of product earlier this year. He’s the most likely successor for the founders, people familiar with the matter have said, though Facebook declined to comment on who might take over.
With Instagram founder’s leaving the company, Facebook is bound to further tighten its integration with Instagram and share data between the two platforms. This move might not go down well with many Instagram users who have already been vocal about Facebook trying to take advantage of the platform to push notifications from its own network inside Instagram’s app.