The Exit Of Instagram's Founders Is Good News For Facebook [Forbes]
Meta Platforms, Inc. - Class A (FB)
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Source: Forbes
Richard Windsor Contributor i Opinions expressed by Forbes Contributors are their own. I cover everything related to the digital ecosystem. An employee walks past signage and photograph displayed at the Instagram Inc. office in New York, U.S., on Monday, June 4, 2018. Once, Instagram was a simple photo-sharing app, a way for iPhone shutterbugs to show off their latest cool pics. Now, its visual nature and 1 billion active users have sellers salivating over its potential as a place to sell everything from dresses to furniture. Photographer: Jeenah Moon/Bloomberg The founders of Instagram are following the founder of WhatsApp in exiting Facebook which, in my opinion, is some of the best news Facebook has had in this torrid year. Kevin Systrom and Mike Krieger are leaving Facebook as a result of increasing pressure from Facebook to become more tightly integrated with the mothership. This iss
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