Be Really Good At One Thing: How Kevin Systrom & Mike Krieger Sold Instagram For $1 billion


This happened a couple of months back but a few days ago we featured an article “The Collapse of Time” and the first paragraph gives a snippet of the Instagram story, and this got us thinking on the phenomenal effect called the internet. Kevin Systrom and Mike Krieger sold their company to Facebook for $1 billion; a company launched in October 2010. A lot of people screamed ‘where is the value?’ In our opinion any value is the difference between what someone wants to get and what someone will pay, whatever the payment is for. There is no other value, only an estimate. For over a decade now, the internet has made so many people millionaires and billionaires, we could list a 100 people who have made millionaires off the internet.

Let us get talking a little bit about the Instagram guys. Put simply, Instagram is a photo-sharing application, initially for the…

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