33:
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contained too many features and the users did not want a complicated product. They decided to focus on one specific feature, photo-sharing. The development of Burbn led to creation of
Instagram. A month after launching, Instagram had grown to 1 million users. A year later, Instagram hit more than 10 million users.
415:, he stated that "Instagram is a new form of communication that's an ideal fit with the always-with-you iPhone in today's social media world. Instagram's a social network built around photos, where people can quickly comment on or 'like' photos and share them on Twitter or Facebook." Systrom identified
470:
Instagram has been accused on multiple occasions for copying various new functions from its closest competitor
Snapchat. Regarding the issue, Systrom argued that all new services launched by tech companies nowadays are "remixes" of existing products, and that "all of these ideas are original when you
351:
check-in service, into a product that allowed users to do many things: check into locations, make plans (future check-ins), earn points for hanging out with friends, post pictures, and much more. However, recalling their studies in
Mayfield Fellows Program, Krieger and Systrom identified that Burbn
405:
that the pros of becoming a part of
Facebook were that "we got to pair up with a juggernaut of a company that understands how to grow, understands how to build a business, has one of the best, if not the best, management team in tech and we got to use them as our resource".
526:
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remix them and bring your own flavour". Systrom also argued that 'you can trace the roots of every feature anyone has in their app, somewhere in the history of technology' and that this was simply 'just the way
Silicon Valley works.'
905:
169:) bought Instagram for $ 1 billion in 2012, a large sum at that time for a company that had 13 employees. Instagram today has over one billion users and contributes over $ 20 billion to Meta Platforms's annual revenue.
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camera. The solution to the problem was to use filters, effectively hiding the qualitative inferiority of the photographs. Subsequently, Systrom developed the X-Pro II filter that is still in use on
Instagram today.
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in cash and stock. According to multiple reports, the deal netted
Systrom US$ 400 million based on his ownership stake in the business. One of the key contributions to the acquisition was that
894:
486:
In 2016, the magazine ranked
Systrom as a billionaire with an estimated net worth of US$ 1.1 billion. The fortune came about as a result of Facebook stocks rising more than 500%.
331:
After the first meeting, he decided to quit his job in order to explore whether or not Burbn could become a company. Within 2 weeks of quitting his job, he received US$ 500,000
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at a party. He came up with the idea while on a vacation in Mexico when his girlfriend was unwilling to post her photos because they did not look good enough when taken by the
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was "committed to building and growing
Instagram independently", allowing Systrom to continue to lead Instagram. Systrom stated in an interview with
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On
October 31, 2016, Systrom married Nicole Systrom (née Schuetz), founder and CEO of clean-energy investment firm Sutro Energy Group, in
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Systrom was included on the list of America's Richest Entrepreneurs Under 40 2016. Under Systrom as CEO, Instagram became a fast growing
1301:
1408:
527:"Walmart Releases 2018 Annual Report, Proxy Statement, Global Responsibility Report and Global Ethics and Compliance Program Update"
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as a product marketer; Systrom left Google out of frustration of not being moved into the Associate Product Manager program.
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159:, with 800 million monthly users as of September 2017. He resigned as the CEO of Instagram on September 24, 2018.
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259:. He turned down a recruitment offer from Mark Zuckerberg and instead spent the winter term of his third year in
442:
On September 24, 2018, it was announced that Systrom resigned from Instagram and would be leaving in few weeks.
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502:, where they discussed the power of images in uniting people "across borders, cultures and generations".
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895:"Instagram's Kevin Systrom: 'I'm dangerous enough to code and sociable enough to sell our company'"
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264:
263:, where he studied photography. Systrom was chosen as one of twelve students to participate in the
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In 2010, Systrom co‑founded the photo-sharing and, later, video-sharing social networking service
1326:
420:
1494:"Instagram Cofounder and CEO Kevin Systrom and Nicole Schuetz's Masquerade Ball Wedding in Napa"
928:"Kevin Systrom, Mike Krieger: From Stanford to Startup [Entire Talk] | Stanford eCorner"
419:
as a media company, which explains the roll-out of video advertisement by big companies such as
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638:"Ledger bucholz on quitting Instagram: 'No one ever leaves a job because everything's awesome'"
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1355:"Where Instagram goes next: Kevin Systrom on copying rivals, VR and cutting off dead weight"
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1277:"Artifact, the AI-powered news app from Instagram's co-founders, is now open to all"
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Holliston native strikes it rich with smartphone app Instagram – Framingham, MA
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1440:"Instagram CEO Kevin Systrom Joins Billionaire Ranks As Facebook Stock Soars"
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1382:"Did Instagram copy Snapchat? Not exactly, Instagram CEO Kevin Systrom says"
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1192:"Instagram's Video Ads Are Finally Live, and Here Are 4 From Major Brands"
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249:
1136:"Studio 1.0: Kevin Systrom Opens Up About Instagram's Life at Facebook"
952:
Eagle, Eric Schmidt, Jonathan Rosenberg and Alan (September 23, 2014).
462:. Artifact is in the process of shutting down as of January 12, 2024.
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He made the prototype of what later became Burbn and pitched it to
260:
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1302:"Instagram Co-Founders Introduce Artifact, an AI-Powered News App"
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388:
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848:"The inside story of how Facebook went from idealism to scandal"
1467:"Instagram's CEO Meets Pope Francis to Discuss Power of Images"
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308:, Docs, Spreadsheets and other products. He spent two years at
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685:"Instagram CEO Kevin Systrom: 'We're working on time travel'"
553:"Instagram.com Traffic, Demographics and Competitors – Alexa"
301:
75:
1249:"Instagram co-founders resign to explore 'creativity again'"
1165:"Kevin Systrom Builds Instagram into a Media Company Press"
774:
276:
771:"Searching for Zuckerbergs: Inside a start-up summer camp"
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16:
American computer programmer and entrepreneur (born 1983)
1327:"Instagram Copies Snapchat Once Again With Face Filters"
1016:"Instagram's Founders Have Always Had Impeccable Timing"
148:, the world's largest photo sharing website, along with
483:
30 "Under 30" list under the "Social/Mobile category."
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In April 2012, Instagram, along with 13 employees, was
1531:
1043:"Breaking: Facebook buying Instagram for $ 1 billion"
712:
1111:"Kevin Systrom Build Instagram into a Media Company"
509:. The two met at Stanford and were engaged in 2014.
1221:"Instagram's Co-Founders to Step Down From Company"
893:
846:
450:On January 31, 2023, Krieger and Systrom launched
244:and graduated in 2006 with a bachelor's degree in
818:
1551:
1570:Businesspeople from the San Francisco Bay Area
799:"How Kevin Systrom of Instagram got his start"
974:: CS1 maint: multiple names: authors list (
1007:
347:, Systrom and Mike Krieger built Burbn, an
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727:(April 12, 2012). Retrieved on 2013-08-20.
177:Systrom was born on December 30, 1983, in
31:
529:. Walmart. April 20, 2018. Archived from
197:, and Douglas Systrom, Vice President of
1409:"30 Under 30 Who are Changing the World"
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226:and creating his own levels as a child.
140:(born December 30, 1983) is an American
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252:. At Stanford, he was a member of the
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296:After graduating Stanford, he joined
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1575:American technology chief executives
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665:"The CNBC Next List: Kevin Systrom"
494:In February 2016, Systrom met with
479:In 2014, Systrom was listed in the
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1247:Lyons, Kate (September 25, 2018).
1219:Isaac, Mike (September 24, 2018).
1163:Geron, Tomio (December 19, 2011).
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879:
845:Dodds, Laurence (April 18, 2020).
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636:Newton, Casey (October 15, 2018).
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1275:Peters, Jay (February 22, 2023).
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454:, an AI-powered news app, on the
220:. His interest grew from playing
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683:Kiss, Jemima (October 2, 2015).
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144:and entrepreneur. He co-founded
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1041:Primack, Dan (April 9, 2012).
769:Rogers, Kate (July 31, 2015).
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1585:American computer programmers
1074:Isaac, Marc (April 9, 2012).
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216:, where he was introduced to
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271:. The fellowship led to his
229:He worked at Boston Beat, a
193:and Swapit during the first
181:. He is the son of Diane, a
7:
956:. Books Content Development
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94:Co-founder and former CEO,
10:
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1605:Stanford University alumni
954:"How Google Works: hacked"
1076:"Facebook Buys Instagram"
964:– via Google Books.
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724:The MetroWest Daily News
667:. CNBC. October 6, 2014.
265:Mayfield Fellows Program
179:Holliston, Massachusetts
173:Early life and education
60:Holliston, Massachusetts
738:"Elizabeth V. Pels, 85"
421:The Walt Disney Company
831:Bloomberg Businessweek
214:Concord, Massachusetts
1600:American billionaires
409:In an interview with
189:, who also worked at
1055:on December 11, 2012
932:ecorner.stanford.edu
563:on February 10, 2022
218:computer programming
102:Board member of
901:The Daily Telegraph
826:"Executive Profile"
341:Andreessen Horowitz
321:Andreessen Horowitz
269:Stanford University
242:Stanford University
142:computer programmer
72:Stanford University
1590:Facebook employees
1500:. January 21, 2016
1226:The New York Times
1200:. October 30, 2014
1144:. October 24, 2016
1086:Condé Nast Digital
750:on January 3, 2014
246:management science
240:Systrom attended
990:"Instagram Press"
337:Baseline Ventures
317:Baseline Ventures
208:Systrom attended
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53:December 30, 1983
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233:music store in
199:Human Resources
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128: 2016)
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25:Kevin Systrom
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1502:. Retrieved
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1476:. Retrieved
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1059:December 17,
1057:. Retrieved
1053:the original
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1024:. Retrieved
1022:. Condé Nast
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