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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

#4
As a non VC, non founder, the only surprise to me is that anyone stays beyond contracted minima. The first, assuming you had taken a role as a VC, you'd want out to go do the VC thing somewhere else. The second, you would be watching your baby pimped out and sold for drugs on the streets, as things you had no desire to see were done, in the name of profit.

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

#5
Instagram often seemed to have its own way of doing things and its own aesthetic within Facebook, one that the founders championed. Recently, however, the winning strategy for Instagram seems to be copying features from Snapchat, and abandoning the style that got it to its first 100 million users. I can imagine that being frustrating.

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

#7

My first reaction was the parallel to Jan Koum's unexpected exit over Facebook's ethics; good to see the article ends with that story. After Google's recent Dragonfly resignations, this might be the new standard for tech companies.

> this might be the new standard for tech companies.

Unfortunately, I believe this is just hopeful ambition that won’t become a reality. The majority of folks I meet in tech tend to be a paycheck or two away from financial catastrophe and generally shy away from rocking the boat. A small percentage have their house in order, and those are the folks that have the luxury to resign so quickly when they have moral/ethical objections.

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

#8

I'd venture that they're extremely wealthy, still friends, and decided it's time to go have fun rather than prescribe this to Facebook's ethical challenges like the article would have you believe.

Why would you guess that when a FB spokesperson doesn’t have a prepared comment about this massive change in leadership?

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

#9
post #7

My first reaction was the parallel to Jan Koum's unexpected exit over Facebook's ethics; good to see the article ends with that story. After Google's recent Dragonfly resignations, this might be the new standard for tech companies.

> this might be the new standard for tech companies. Unfortunately, I believe this is just hopeful ambition that won’t become a reality. The majority of folks I meet in tech tend to be a paycheck or two away from financial catastrophe and generally shy away from rocking the boat. A small percentage have their house in order, and those are the folks that have the luxury to resign so quickly when they have moral/ethica…

I was shocked to discover that many people making salaries amongst the highest percentile in the world are indeed a few months without paychecks away from being in an unpleasant financial situation.

I’m not too sure what the overarching reasons for that are, but my guess is that lifestyle inflation is very real, financial education isn’t very common, and many people focus on the wrong abstractions (ie decision making starting with “I make $200k a year, I can afford this!” rather than “what’s my burn rate?”)

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

#10
post #5

Instagram often seemed to have its own way of doing things and its own aesthetic within Facebook, one that the founders championed. Recently, however, the winning strategy for Instagram seems to be copying features from Snapchat, and abandoning the style that got it to its first 100 million users. I can imagine that being frustrating.

Instagram hasn't copied from Snapchat in a very long time. Have you used Snapchat recently? The UX is completely different and awful now.

Instagram is innovating with new features like Video Calling and Live Video that Snapchat lacks.

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