Access Unlocked Tuesday September 26, 2018 Instagram’s Chief Executive Officer (CEO) Kevin Systrom and Chief Technical Officer (CTO) Mike Krieger have announced their departure from the social media platform.
According to Bloomberg, thirty-two (32) year-old Krieger and thirty-four (34) year-old Systrom were at odds with Mark Zuckerberg the founder of Facebook. Facebook purchased Instagram in 2012, for approximately $1 billion.
Over 8 years ago, Kevin and I started Instagram, hoping to build something that would bring out people’s creativity and spirit for exploration. Now it’s time for the next chapter. A huge thank you to everyone in the community who we’ve met along the way. https://t.co/9Omyj6VHbe
— Mike Krieger (@mikeyk) September 25, 2018