Instagram co-founders Kevin Systrom and Mike Krieger to bid adieu

Instagram's co-founders Kevin Systrom and Mike Krienger have announced their decision to bid adieu to the photo sharing app they developed. In a statement, Systrom said that the duo was leaving to explore their curiosity and creativity and to create new things.

Rumours are rife that this sudden departure is due to differences between them and top boss Mark Zuckerberg (Facebook is Instagram's parent company).

With this Systrom and Mike Krienger join the likes of Jan Koum and Palmer Luckey. Koum left WhatsApp, a company he co-founded, in April. Luckey, founder of the virtual reality headset company Oculus, also moved on.

The official statement:

Mike and I are grateful for the last eight years at Instagram and six years with the Facebook team. We’ve grown from 13 people to over a thousand with offices around the world, all while building products used and loved by a community of over one billion. We’re now ready for our next chapter.

We’re planning on leaving Instagram to explore our curiosity and creativity again. 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.

We remain excited for the future of Instagram and Facebook in the coming years as we transition from leaders to two users in a billion. We look forward to watching what these innovative and extraordinary companies do next.

Kevin Systrom, Co-Founder & CEO

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