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Why Did Instagram Sell to Facebook

The founders of Instagram really did not want to sell and to become a part of some other large company, but when Facebook offered a Billion dollars for a company with 11 employees that's only been around for a year, and proposed for Instagram to stay as independent entity inside Facebook, it felt right.

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Kevin Systrom & Mike Krieger ·

Partners

More from this episode

  1. Why Were Kevin Systrom and Mike Krieger a Good Instagram Match?Kevin Systrom told the Partners podcast that he and Mike Krieger both wanted to make things, and Systrom's dream was a product used by a huge number of people.
  2. What Was BourbonIt was a check-in app that let you check in a different.
  3. How Did Kevin Systrom Find His Instagram Co-founder MikeKevin's first investor gave him money and instructed Kevin to find a co-founder because in his mind, the best companies in the world all had co-founders.
  4. What Was the Turning Point for InstagramMike and Kevin had been working on Bourbon for awhile, and one day when meeting their early investor, they realized that the application was too complex and…
  5. What Happened on the Day Instagram Launched to the WorldOctober 6, 2010. Kevin and Mike officially launched Instagram to the world, and 25,000 people signed up to use it, on the first day. The servers were melting.
  6. How Does Kevin Systrom Disagree With Mike Krieger Without a Fight?Mike Krieger said on Partners that he and Kevin Systrom raised their voices once, for about 30 seconds.
  7. Why Did Kevin Systrom and Mike Krieger Leave Instagram and Facebook?Mike Krieger told Partners that he and Kevin Systrom stayed six years after Facebook bought Instagram, each only because the other was still there.
  8. How Did Kevin Systrom and Mike Krieger Bond as Cofounders?Kevin Systrom told Partners that most cofounder pairs fight and split, so planning another company with Mike Krieger was unusual.

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