Article Image
News Link • Technology: Software

Kevin Systrom First Turned Down Facebook — Now Mark Zuckerberg Bought Him For $1 Billion

•, Matt Lynley
That was back in 2004, when the company was just getting off the ground.

"Unfortunately, I decided I wanted to stay in school, and that's one of those decisions that I look back at--I would've loved to have been part of Facebook's growth over the years, but it was the first time I met those guys," Systrom told Fast Company last year. "It was certainly the harbinger for what was to come in my future."

Good thing he turned down Zuckerberg's offer — because Facebook bought Instagram today for $1 billion.

As a co-founder, it looks like Systrom will be getting at least $300 million in the acquisition.
 He probably would not have picked up that much money in Facebook's IPO. And he still gets to work at Facebook after all.

Join us on our Social Networks:


Share this page with your friends on your favorite social network:

Purse.IO Save on All Amazon Purchases