Instagram’s Kevin Systrom – The success story

Steven Bertoni for Forbes,

Thanks to his Stanford detour, instead of eight figures, Systrom, by doing it his own way—developing the white-hot photo network Instagram, which Zuckerberg agreed to buy in April—stands atop a $1 billion score. The purchase price, which makes Systrom’s stake of 40% or so worth $400 million, is all the more shocking given that his startup has zero revenues and no revenue model.

..and the punch line

“I think not focusing on money makes you sane,” he says, “because in the long run it can probably drive you crazy.”

Advertisements