When asked if he would sell Instagram to Facebook again, former CEO Kevin Systrom referenced the unprecedented amount Facebook paid for the company.
Kevin Systrom cofounded Instagram in 2010, and the company was acquired by Facebook for $1 billion in 2012. Systrom and cofounder Mike Krieger left the company in 2018 reportedly due to"tensions" with Facebook CEO Mark Zuckerberg. When asked on Wednesday if he would sell again, Systrom referenced the unprecedented amount Facebook paid for the company. Visit Business Insider's homepage for more stories.
Kevin Systrom cofounded Instagram in 2010, and the company was acquired by Facebook for $1 billion in 2012. Systrom and cofounder Mike Krieger left the company in 2018 reportedly due to"tensions" with Facebook CEO Mark Zuckerberg. When asked on Wednesday if he would sell again, Systrom referenced the unprecedented amount Facebook paid for the company. Visit Business Insider's homepage for more stories.
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