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Quitting Instagram

washingtonpost.com

1–10 of 28 posts

Re: Quitting Instagram

#2
> Quitting Instagram: She’s one of the millions disillusioned with social media. But she also helped create it.

Interesting how the people making these social media platforms are growing disillusioned with them and leaving them.

After they've made their money, of course.

See also: Facebook creators talking about how addictive and dangerous it can be, or this just posted today -- https://news.ycombinator.com/item?id=18450058

Re: Quitting Instagram

#3
only Systrom and Krieger walked away with hundreds of millions of dollars; Facebook offered other early employees small signing bonuses and limited Facebook stock grants

Why you should never be an early employee at a startup, example one zillion

Re: Quitting Instagram

#7

> Quitting Instagram: She’s one of the millions disillusioned with social media. But she also helped create it. Interesting how the people making these social media platforms are growing disillusioned with them and leaving them. After they've made their money, of course. See also: Facebook creators talking about how addictive and dangerous it can be, or this just posted today -- https://news.ycombinator.com/item?id=1…

Reminds me of ex-presidents/ex-leaders who have regrets about decisions they made when we depended on them. Now when they're washed up and have zero clout, they're suddenly on our side again.

Re: Quitting Instagram

#8
post #3

only Systrom and Krieger walked away with hundreds of millions of dollars; Facebook offered other early employees small signing bonuses and limited Facebook stock grants Why you should never be an early employee at a startup, example one zillion

I would be surprised if they didn't get millions in equity though. Not a bad gig.

I would guess their options had a strike around a $10-$20 million valuation. So they would have got x50-x100 at the exit.

Re: Quitting Instagram

#10
Where is she going to be working now? Or will she spend all of her free time trying to recover from this time at Instagram. It's easy to write stories and say things like this given all the news about social media now.
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