What An Instagram Co-Founder Did After Becoming Superrich

Carly Rae Jepson and Kevin Systrom at the Facebook headquartersBy Alyson Shontell

On April 9, 2012, Kevin Systrom and Mike Krieger sold their 13-person startup, Instagram, to Facebook. Facebook purchased the photo filter app 18 months after its launch for $1 billion: $300 million in cash, the rest in Facebook stock.

What has the year been like for Systrom since selling his company? Here's what he's been up to through (what else?) Instagram photos.



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bcrnbs2

maybe tebow should develpe a football app.

May 20 2013 at 12:34 PM Report abuse rate up rate down Reply
bcrnbs2

when the bottom falls out of all this big money, gonna be a lot of broke people.

May 20 2013 at 12:32 PM Report abuse rate up rate down Reply
alfredschrader

Bravo to Kevin.

May 19 2013 at 8:44 AM Report abuse rate up rate down Reply
chris constant

Hollywood is in California and In Florida!

May 18 2013 at 10:19 PM Report abuse rate up rate down Reply
nomad1

my one question is what did he do for the people who helped him get it up and running until he sold it. in other words did he share the wealth with his co-workers.

May 18 2013 at 8:44 PM Report abuse rate up rate down Reply
1 reply to nomad1's comment
idoglady1

Unless partners of some sort, should he have owed them more than their agreed upon salary?

May 18 2013 at 9:07 PM Report abuse rate up rate down Reply
mike

the truth is that when you have money people around you want you dead faster so they can dig in.

May 18 2013 at 8:43 PM Report abuse rate up rate down Reply
Warren W- a Mormon e

I'll sell you my app for half that! Er, what's an app?

May 18 2013 at 6:04 PM Report abuse +1 rate up rate down Reply
mizzjan56

I admit I'm totally ignorant about all this social media stuff. I'm not at all interested in it....and can't for the life of me understand how people get super rich off of it!?!?! Seems like money could be way better spent elsewhere.

May 18 2013 at 6:00 PM Report abuse rate up rate down Reply
whysoserioushmmm

Is that caly rae jepsen on picture 2/19?

May 18 2013 at 5:13 PM Report abuse rate up rate down Reply
whs2sell

Who the F Cares?
Like singing \"Me Me Me\" over and over again.

May 18 2013 at 5:08 PM Report abuse rate up rate down Reply

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