Get All Access for $5/mo

Instagram's Founders Say They're Resigning Because They Want New Challenges, But They May Also Want to Get Away From Zuckerberg Kevin Systrom and Mike Krieger are leaving on a high note.

By Nina Zipkin

Ben Gabbe | Getty Images

How do you know when it's time to make your next big move? Instagram CEO Kevin Systrom revealed yesterday in a company blog post that he and co-founder Mike Krieger would leave the photo sharing platform owned by Facebook.

"We're planning on taking some time off to explore our curiosity and creativity again," Systrom wrote. "Building new things requires that we step back, understand what inspires us and match that with what the world needs; that's what we plan to do."

Systrom and Krieger are leaving on a high note. This summer, the 8-year-old company achieved a major milestone, hitting 1 billion users, up from 800 million in 2017.

Facebook purchased Instagram in 2012 for $1 billion. Mark Zuckerberg released a statement via on Facebook's Twitter account.

"Kevin and Mike are extraordinary product leaders and Instagram reflects their combined creative talents," he said. "I've learned a lot working with them for the past six years and have really enjoyed it. I wish them all the best and I'm looking forward to seeing what they build next."

While wanting to generate new ideas and generally avoid the burnout that comes with driving at the same thing every day for eight years is certainly understandable and a healthy decision to make, reports of Systrom's and Krieger's exits noted that disagreements with Zuckerberg over Instagram's independence and place within Facebook's ecosystem ultimately led to their departure.

Related: Everything You Need to Know About IGTV, Instagram's New Longform Video App

While Instagram's growth has been on a steady ascent, Facebook has spent much of the past couple of years weathering fallout from scandals, including Cambridge Analytica. As of July 2018, Facebook's growth in the U.S. and Canada had leveled off, hovering around 185 million users. A Pew Research Center poll found that 44 percent of Facebook users aged 18 to 29 reported deleting the app from their phones in the last year.

How Instagram will change or become more or less incorporated to Facebook proper remains to be seen, but Systrom and Krieger's decision is one that every entrepreneur can learn from.

When you're building a company and investing so much of your time and energy into it, it's important to remember that as important as the work is to you, it is not all that you are. Change is scary, and so is leaving something you carefully crafted in the hands of someone who may not share your vision. But if there comes a point where you feel you need to do something else, it's important to honor that.

Nina Zipkin

Entrepreneur Staff

Staff Writer. Covers leadership, media, technology and culture.

Nina Zipkin is a staff writer at Entrepreneur.com. She frequently covers leadership, media, tech, startups, culture and workplace trends.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business News

Is One Company to Blame for Soaring Rental Prices in the U.S.?

The FBI recently raided a major corporate landlord while investigating a rent price-fixing scheme. Here's what we know.

Side Hustle

This Former Starbucks Employee Started a Side Hustle That's Making More Than $70,000 a Month — and He's Not Done Yet

When Tom Saar moved to New York City, he spotted a lucrative business opportunity.

Making a Change

Expand Your Communications with This $20 French Class Subscription

Gain access to hundreds of video lessons and assignments with this deal.

Thought Leaders

Break Free From Client Burnout With These 6 Strategies

How much stress is too much stress? Here are some effective strategies for managing burnout when working with clients.

Business News

The Most Downloaded News App in the U.S. May Have Published Dozens of Fake, AI-Written Stories

The stories were fake but had real-world consequences for the app's 50 million monthly users.