Kevin Systrom: Facebook IPO
Systrom is co-founder and chief executive officer of Instagram, the photo sharing application that Facebook purchased in April for $1 billion. Instagram, which lets iPhone and Android smartphone users spruce up their pictures with filters and effects and share them with others, boasts 30 million users. Prior to Instagram, Systrom spent two years at Google where he worked on Gmail, Google Docs and Google Reader. From the start, Systrom has exhibited a knack for social applications. In 2010, Systrom launched a location-sharing service called Burbn. He also interned at Odeo, the company that eventually became Twitter.
The Instagram purchase isn't the first time Systrom and Zuckerberg crossed paths. According to a Fast Company article, the pair met in 2004 when Systrom was a student at Stanford. He had developed a tool called Photobox that let users easily share large sets of photos. It caught the attention of Zuckerberg, who had recently moved to Palo Alto to work on Facebook full time. Systrom turned down Zuckerberg's offer to join the Facebook team in order to finish his studies. His patience paid off.
Born: 1984, Holliston, MA
Lives: San Francisco, CA
Education: Stanford University, B.S., 2006
Relationship to Facebook
Take a picture of this: Facebook's purchase of Instagram will net Systrom about $326 million when the deal officially closes. Facebook has said it plans to "maintain Instagram's products as independent mobile applications." Money and independence. Not bad for a two-year-old company that hasn't collected a dime of revenue.
Current Occupation: Co-founder, Chief Executive Officer, Instagram
Former Occupation: Google, Odeo, Nextstop