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Instagram’s Co-Founders Said to Step Down from Company

nytimes.com

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Re: Instagram’s Co-Founders Said to Step Down from Company

#161

Post by Milner08 »

checkyoursudo wrote: post #76
throwawaymath wrote: post #64

Here's an offtopic observation. This article (from the New York Times ) denoted the names of the Instagram founders as "Mr. Systrom and Mr. Krieger..." The Wall Street Journal has a corresponding article about this story. In that article, the Instagram founders' names are written, "Messrs. Systrom and Krieger..." Despite frequently reading both papers, I can't recall ever seeing "Messrs" before. I thought it was a ty…

Specifically, it's an abbreviation of the French messieurs , which is just multiple misters. Maybe it's more formal now, but it was ordinary and frequently used in the past in both French and English writing. (Obviously, still quite commonly used in, um, French today.) E.g., English https://books.google.com/ngrams/graph?content=messrs&case_in... French https://books.google.com/ngrams/graph?content=messrs&case_in...

English words of French origin are normally considered formal. Back when the French invaded England the rich spoke French, while the poor spoke Anglo Saxon. The words mutated and changed but words of French origin are now formal because of this.

Re: Instagram’s Co-Founders Said to Step Down from Company

#162

Post by [deleted] »

uuilly wrote: post #121
throwaway724 wrote: post #56

Posting anon. In 2009, the startup where I was working was hitting the skids, and our investors (correctly) were not willing to back us. We all kept grinding for a month or two in honorable futility, but after a while, my bank account depleted and I had to go. To make various ends meet and to keep my mental health during the wind down however, I took up some contract work that I found through various friends in the S…

You know how in war movies when the guy leaves the trench only to come back and find that all his friends have been killed? In the valley you leave the trench and come back to find that all your friends are rich. No words can alleviate that regret. But if you’re having near misses like this you’re actually really close to something good.

[deleted]

Re: Instagram’s Co-Founders Said to Step Down from Company

#163

Post by puranjay »

bepotts wrote: post #20

I wonder what's Facebook's move after Instagram becomes stale and no longer "cool". It seems to me that the popularity of social networks are cyclical, and there's very little that a company can do to satiate a user's appetite for something new. That's before we discuss future regulatory troubles Facebook might face. What future revenue streams does Facebook have? Are they even capable of creating something new that…

Whatsapp payments can be a massive cash cow. Whatsapp is a core part of life in India and I can easily see them becoming the WeChat of this country

Re: Instagram’s Co-Founders Said to Step Down from Company

#164

Post by GuiA »

throwaway724 wrote: post #56

Posting anon. In 2009, the startup where I was working was hitting the skids, and our investors (correctly) were not willing to back us. We all kept grinding for a month or two in honorable futility, but after a while, my bank account depleted and I had to go. To make various ends meet and to keep my mental health during the wind down however, I took up some contract work that I found through various friends in the S…

You made the best decision you could at the time.

That’s the only thing and best thing you can ever do in life.

Re: Instagram’s Co-Founders Said to Step Down from Company

#165

Post by nailer »

tabs_masterrace wrote: post #144
uuilly wrote: post #121

Earlier quoted context omitted.

You know how in war movies when the guy leaves the trench only to come back and find that all his friends have been killed? In the valley you leave the trench and come back to find that all your friends are rich. No words can alleviate that regret. But if you’re having near misses like this you’re actually really close to something good.

If you trouble yourself over regret on how you didn't get rich that one time, while still living a life that is probably in the upper 90th percentile comfort-wise, you aren't doing yourself any favors. Money is just numbers, and in the end we are all dead, so spending your days regretting not winning the lottery has to be one of the most stupid things to trouble your mind with. A dose of some traditional values would…

I identity with this - it bugs me that I haven't done as a Kevin (and people like him) when not only has he had the success but exited and moved on with his life.

I go to the gym most days and am pretty well disciplined but I still feel this way every so often (I've been ill earlier this week so I'm feeling down, which is probably what bought this on). How does someone get traditional discipline?

Re: Instagram’s Co-Founders Said to Step Down from Company

#166

Post by mch82 »

tabs_masterrace wrote: post #144
uuilly wrote: post #121

Earlier quoted context omitted.

You know how in war movies when the guy leaves the trench only to come back and find that all his friends have been killed? In the valley you leave the trench and come back to find that all your friends are rich. No words can alleviate that regret. But if you’re having near misses like this you’re actually really close to something good.

If you trouble yourself over regret on how you didn't get rich that one time, while still living a life that is probably in the upper 90th percentile comfort-wise, you aren't doing yourself any favors. Money is just numbers, and in the end we are all dead, so spending your days regretting not winning the lottery has to be one of the most stupid things to trouble your mind with. A dose of some traditional values would…

Similar themes in DHH’s “The Day I Became a Millionaire”, https://m.signalvnoise.com/the-day-i-became-a-millionaire-55...

Re: Instagram’s Co-Founders Said to Step Down from Company

#167

Post by mockingbirdy »

monort wrote: post #132
laurieg wrote: post #125

Earlier quoted context omitted.

A lot of commenters seem to be bemoaning this poster as missing out on endless riches. Why? we already know that being super rich doesn't really make you all that much happier compared to being rich (and if you are a programmer in work in then you are pretty rich). I feel that they missed out more on the rocketship journey of being on a startup. And even then that's not everyone's cup of tea.

Anecdotally, when you don't need to work it makes you happier (though you can still work, but only when you want to). High wage vs passive income is a big difference and the research you are thinking about only captured the former.

I have a passive income of €1.5k/month without being a millionaire. Some of my friends are millionaires and we are basically equal. We all can choose to work and are free, this makes all the difference.

The main differentiator between rich people and others is the fact that rich people don't have to work. This is the biggest freedom. I figured out that I don't need to be rich to do that. I still work, but I mainly do this because I want to. I say no to things that I don't like and I've never been employed (I'm an employer myself).

I wouldn't trade this freedom for 10-20k/month (which I could achieve, but I would have to work my a* off). Deciding what to do with your time is the ultimate freedom.

edit: I worked like this in the past (making good money and having lots of stress), but nowadays I don't see the point anymore. Even if you like your work, wouldn't you prefer to work on your own visions and on your own terms?

Re: Instagram’s Co-Founders Said to Step Down from Company

#168

Post by sean-duffy »

Milner08 wrote: post #160
SmellyGeekBoy wrote: post #156

Earlier quoted context omitted.

"Messrs." is fairly common in British English, although it would be considered quite formal by most people.

is it? I have never, ever seen it used and I've lived in the UK my whole life.

You'll find it a lot in older literature, Dickens etc.

Re: Instagram’s Co-Founders Said to Step Down from Company

#169

Post by PunchTornado »

docker_up wrote: post #37
bepotts wrote: post #20

I wonder what's Facebook's move after Instagram becomes stale and no longer "cool". It seems to me that the popularity of social networks are cyclical, and there's very little that a company can do to satiate a user's appetite for something new. That's before we discuss future regulatory troubles Facebook might face. What future revenue streams does Facebook have? Are they even capable of creating something new that…

They have over 2 billion monthly active users. This is a global penetration rate that is the best in the world. They have done something that no other company in the world has done. They are relevant to basically the vast majority of all Internet users in the world. To say they are the least stable or that their power over most humans is waning is, quite frankly, ludicrous. To put it in perspective, they would need t…

Why do you say this? Google has more users.
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