The founders of Instagram have resigned from the business they started eight years ago in San Francisco.
Kevin Systrom and Mike Krieger founded the photo-sharing app in a co-working space in 2010. It became a runaway success, attracting tens of millions of users before the co-founders sold it to Facebook in 2012 for $1 billion.
Instagram continued its spectacular growth, adding features including videos, stories and, most recently, its own version of TV.
The two founders acknowledged they are planning on taking some time off to explore our curiosity and creativity again,” Systrom said in a blog post late Monday. “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.”
Facebook CEO Mark Zuckerberg described Systrom and Krieger as “extraordinary product leaders.”
“I’m looking forward to seeing what they build next,” he said in a statement.
Bloomberg News reported that Systrom and Krieger are leaving because of tensions with Zuckerberg over the direction of Instagram.
Instagram has become an increasingly important part of the Facebook empire at a time when Zuckerberg is grappling with a series of crises at the social network he built.