Tech / Industry

There's a history of clashes hidden behind the Instagram and Facebook success story that led to Monday's bombshell breakup

Posted On: Sep 25, 2018   |   Posted By: Business Insider

There's a history of clashes hidden behind the Instagram and Facebook success story that led to Monday's bombshell breakup

Instagram's cofounders, Kevin Systrom and Mike Krieger, are quitting the Facebook-owned company.
Sources tell Business Insider there have been "tensions" between the two companies.
The two companies have very different ways of doing things.
The Instagram cofounders' Monday night bombshell, that they were resigning from Facebook , has all the telltale signs of a bad breakup.
But to people inside the organization, the divorce was a long time coming, even if the announcement came without warning.
The photo-sharing app was acquired by Facebook in 2012 and has flourished under the wings of Facebook. With more than 1 billion users and a fast-growing ad business, Instagram is considered by many to be Facebook's smartest acquisition and among the best deals in tech industry history.
The success masked many of the tensions between Instagram and its parent company. The two cultures are very different, with separate traditions and priorities.
To Instagrammers, Facebook is the soul-less corporate giant that happens to...

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