Instagram Owner Net Worth

Post By Nurhayana S Juni 17, 2017 Posting Komentar

Instagram founders turn two years of work into 1bn only in silicon valley. 100 million goes to the venture capital firm andreessen horowitz.

Often people search for instagram founder name unaware of the fact that kevin systrom is much bigger than just a name.

Instagram owner net worth. If you just go by those metrics instgram today could have theoretically been worth a minimum of 15 billion. A year later instagram hit more than 10 million users. To this date instagram founder net worth is 400 million.

18 billion per forbes in 2017 how they made their money. In april 2012 instagram along with 13 employees was sold to facebook for us1 billion in cash and stock. How they acquired the franchise.

Systrom a former google employee is understood to own about 40 of instagram which is now worth 400m. Kevin systrom the 26 year old ceo of the san francisco based photo sharing service which was started just 15 months ago will net an estimated 400m. Had systrom held on and sold out at the 15 billion valuation today his net worth would be 6 billion.

The deal was met with widespread mockery including a segment on the daily show but by december 2014 citigroup analysts were saying that instagram was worth 35 billion. In 2010 systrom cofounded the photo sharing and later video sharing social networking service instagram with mike krieger in san francisco california. Even though not a lot is known about kevin systrom personal life his professional success speaks for him.

100 million goes to vc firm baseline ventures. When facebook bought mobile photo sharing app instagram for around 1 billion in cash and stock in april 2012 instagram was less than two years old and had no revenue. Instagram ceo kevin systrom joins billionaire ranks as facebook stock soars.

Mike brown inherited the team after pauls death in 1991 net worth. The photo sharing app now boasts 500 million monthly users and forbes estimates that it would be worth up to 50 billion if it was a standalone company. 925 million per espn in 2015 franchise valuation.

Within 12 hours of the apps release instagram android was downloaded one million times. Being an nfl coach was profitable even in the middle part of the 20th century. As of november 2013 twitter has roughly 236 million users compared to instagrams 150 million.

Instagram has grown alongside systroms net worth since the 2012 acquisition. 988k followers 1862 following 3978 posts see instagram photos and videos from monique rodriguez rn to ceo. As for the other 600 million.

100 million goes to co founder mike krieger. He sold it to that other wunderkind mark zuckerberg 27 the facebook founder whose social network is now worth an estimated 100bn.