In the News: Instagram
Last night, The New York Times reported that the co-founders of Instagram, Kevin Systrom and Mike Krieger have both resigned, and are planning to leave Instagram’s parent company, Facebook, within a few weeks. Systrom and Facebook CEO Mark Zuckerberg confirmed the report in separate statements, both calling out “the next chapter” and hinting at future projects on the horizon.
Instagram was created in 2010 with a focus on image composition and photography, which is why filters and lenses have become so popular. The app was acquired by Facebook in 2012 and has since continued to see exponential growth, with the platform now boasting over a billion users.
The expansion of the user base may, however, be a large part of Krieger and Systrom’s decision to depart the platform. There were reports of tension between the founders of Facebook and Instagram over what the outlook and future of the app would be, one of the more in-depth reports came around the launch of “Instagram Stories” from Bloomberg, which you can read here.
Between Stories and other tensions surrounding the vision for Instagram in a Facebook world and the backlash Facebook continues to suffer from after it was found that user information was misused, it will be interesting to see what changes may come to Instagram after the departure of its founding fathers.
eCommerce and advertising may become a bigger focus for the photo-sharing app, as well as a push for live sharing in order to go head-to-head with competitor SnapChat. Regardless, marketers and users will be sure to keep their eyes on Instagram to see changes roll out.