After Whatsapp’s co-founder Jam Koum announced his departure from the company following arguments with Facebook over data privacy in April this year, today Instagram co founders, Kevin Systrom and Mike Krieger have resigned from the parent company.
Instagram confirmed about the development in a press blog. On their quitting, Kevin stated, “Mike and I are grateful for the last eight years at Instagram and six years with the Facebook team. We’ve grown from 13 people to over a thousand with offices around the world, all while building products used and loved by a community of over one billion. We’re now ready for our next chapter.”
The duo is planning on taking some time off to explore their curiosity and creativity again. Building new things requires that they step back, understand what inspires them and match that with what the world needs; that’s what Mike and Kevin plan to do.
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The duo also added, “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.”
In 2012, Facebook bought Instagram for a whopping one billion dollar when it realized which now boasts of one billion worldwide users. Now with Mike and Kevin’s exit, it would be a wait and watch the game for who steps in and how the company copes with their resignations who have been a pivotal part of all the major developments at the company. It should be noted that amidst all the security and data privacy issues, Instagram has been the sole platform for users to spend their time on, after Facebook.