Kevin Systrom, a founder of Instagram, wasn't a 'team player.' That was exactly what the company needed.
Business
Standard : This week, Facebook
lost an executive who, in a better and different world, might one
day have taken the helm of the social networking giant.
On
Monday, Kevin Systrom, as well as his longtime partner, Mike Krieger,
the founders of Instagram, quit Facebook. While seemingly out of the
blue, it was a long time coming. The reason? Their unhappiness over
increasingly aggressive meddling by Mark Zuckerberg, Facebook’s
chief executive, about how Instagram was run.
This
might seem like business as usual in Silicon Valley. Facebook bought
Instagram
for $1 billion in 2012, when it was a wee thing, and helped it
surpass a billion users. Fighting over control of tech companies is
commonplace, and executive shuffles happen all the time. At Facebook
alone in the last two years, the founders of WhatsApp, the messaging
product, left amid disagreements over the placement of advertising.
So too much of the team that founded the Oculus, Facebook’s virtual
reality project, as well as a conga line of other founders of
start-ups the social media giant has swallowed whole. They all
essentially took the money and ran (usually to luxury yachts in
Fiji).
But
what happened with the Instagram guys is different. A pair of
extraordinarily talented entrepreneurs — who multiple sources said
very much wanted to stay at Facebook, who have a gift for making
great products and whose jewel-in-the-crown unit was driving the
future of the entire Facebook ecosystem — had worked hard to make
their creation a huge success and had remained at the company for six
years already. This is not typical in tech, which is a credit to
Facebook.
But
then they became so irked by their boss that they up and left without
any warning.
“In
a perfect world, they wanted to continue to build and were not bored
at all,” said one person with knowledge of the situation. “But
they were frustrated by an inability to take it to the next level.”
Frustrated
indeed. Mr. Systrom returned on Monday from a parental leave and his
first act was to quit. Think about that. While some inside Facebook
are trying to spin the narrative that he’d spent his time away deep
in contemplation and simply decided that six years was enough, that’s
not the true motivation.
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