With Instagram’s Founders Out, Welcome to Facebook Inc.
The company’s three high-profile acquisitions—Instagram, WhatsApp, and Oculus—had fought to maintain their own identity. Those days may be over now.
by Alexis C. Madrigal
Sep 25, 2018
2 minutes
The founders of Instagram, Mike Krieger and Kevin Systrom, plan to resign, The New York reported Monday. Their exit marks the fifth founder departure from Facebook’s high-profile acquisitions. WhatsApp’s Brian Acton and Jan Koum left in 2017 and 2018, respectively, leaving . Palmer Luckey left Facebook’s $2 billion VR acquisition, Oculus, in 2017, too.
You’re reading a preview, subscribe to read more.
Start your free 30 days