Computer programmer and entrepreneur Kevin Systrom are an American. He co-founded the social media website Instagram with Mike Krieger. Despite his humble beginnings, Systrom is now a multi-billion dollar businessman. Read on to learn more about him. This article is a brief biography of Systrom. In it, he discusses how Instagram came about and how he became a successful businessman. Also, we’ll take a look at the company’s recent funding round.
Systrom was an intern at Google before co-founding Instagram, an instant hit among creatives. Within a day of its public release, more than 25,000 people signed up for Instagram and more than a million joined in less than a week. As a result, Instagram gained respectability and a massive user base. In the beginning, the app was primarily used by celebrities and creatives. As a result, it was able to monetize through advertising.
The success of Instagram was Systrom’s idea.
After launching the app, users were able to experience the aesthetics of Holga cameras. As a teenager, he interned at podcasting company Odeo, which was later acquired by Twitter. Jack Dorsey, the CEO of Twitter, was a co-worker. The two became friends and shared ideas. As a result, Mark Zuckerberg tried to recruit Systrom.
After establishing his startup, Facebook acquired Instagram in 2012. It was worth $1 billion at the time and had only thirteen employees. As of today, the app has more than one billion users and contributes over $20 billion to Facebook’s annual revenue. As of July 2018, Instagram is valued at over 102 billion USD. During this time, the company was already valued at over $100 billion USD. While Instagram was still small, Systrom and his team were able to create a world-famous social media app Kevin Systrom.
After graduating from Stanford University, Systrom went on to work for Google and at Nextstop, another travel startup. He also interned at Odeo, which later became Twitter. During his time at Nextstop, he learned to code. He built a prototype of the Burbn mobile app while working at the company. It enabled users to check-in, make plans, and share photos. However, the company had to make a lot of changes before it could be profitable.
Before he launched his first product, Systrom met Zuckerberg at a networking event.
They talked about their business plans. He told him that he would leave Facebook to build his own social media app. The founders were already in the process of building Instagram and had yet to meet Zuckerberg. He was a Harvard student who had been accepted into the Mayfield Fellows program at Stanford. Then, he launched Odeo, a search destination for RSS-syndicated audio and video.
He left Google to work for Nextstop and then created an online location-check-in app called Burbn. This idea combines social games with location check-ins. In just two weeks, Systrom raised $500,000 seed funding. Instagram then became one of the most popular social networks in the world. It was acquired by Facebook in 2016 for $1 billion. Its popularity made Systrom one of the richest people in the world in 2015.
After graduating from Stanford, Systrom began to work for a travel startup and interned at Google. He also worked as a web developer for Odeo, which later became Twitter. While at Nextstop, he built a prototype of his Burbn app. The app allowed users to check in, post photos and plan trips. In April 2012, the app was released for Android phones. It was downloaded a million times in one day. The company had just reached $500 million in valuation.
The Instagram app has become a global phenomenon,
with over one billion users. Its founder, Kevin Systrom, was a teenager when he encountered the Holga aesthetic at an art exhibition. This app, which now has over 1 billion users, has become a global phenomenon, and it continues to grow to this day. The idea is simple, but the concept is brilliant and has a huge audience. So, be creative and think outside of the box.
After working at Google for a few years, Systrom left to create his own company. He helped Instagram reach one billion users by developing the company’s product roadmap and advertising strategy. His net worth has risen to $1.5 billion as of 8th March 2020. A former Stanford student, he has spent most of his life focusing on advancing technology. He has been involved with the social media sector since its early days. The Instagram founder and his team has a wealth of experience in advertising and marketing, and he has a knack for generating buzz.