Mike Krieger Quotes

Kevin Systrom of Instagram used to work for us as a consultant in the early days of Mint. I knew him a long time ago. Maybe I could have gotten in there. But with photo sharing, I don't know if there's an obvious business model. I don't think there's a competitive, sustainable advantage.

In May of 2010, I joined Kevin Systrom, my co-founder, and we created 'Instagram', a mobile social network that today has over 15 million users.

I love Instagram and Facebook.

I would never be able to work on a photo-sharing app or 'Internet startup XYZ.'

Fundly is at the dynamic intersection of high-growth technology startups, social entrepreneurship, and the exploding world of social media. Kapor Capital is proud to back this passionate team, their product, and Fundly's impressive customer base.

In 2005, MTV Networks considered buying Facebook for seventy-five million dollars. Yahoo! and Microsoft soon offered much more. Zuckerberg turned them all down.

I learned so much in the year after Flickr was acquired. People forget, but Flickr launched in February 2004. And a year later, the deal was done with Yahoo, and we closed it in March of 2005. It was really independent for a relatively short period of time.

Instagram is a media company. I think we're about visual media.

In 2010, the night before we launched 'Instagram v1', my co-founder Kevin and I bet on how many people would download the app its first day in the wild.

By 2013, we had 200 million people using 'Instagram' every month and over 20 billion photos stored.

Instagram was initially launched as a community for artists and photographers.

The founders of Snapchat last year turned down a $3 billion offer from Facebook and a $4 billion offer from Google. It was a surprising show of integrity from the guys who invented the app that lets you look at pictures of boobs for five seconds.

I'm not worried about Instagram.

BuzzFeed started as a lab with a small team where we would play with ideas.

I literally coded Facebook in my dorm room and launched it from my dorm room. I rented a server for $85 a month, and I funded it by putting an ad on the side, and we've funded ever since by putting ads on the side.

Loopt wouldn't have happened without Y Combinator.

Once a few Facebook employees put together a promising idea and start a company, that's very exciting to people. I happen to think being a Facebook employee is really correlated with good ideas.

I actually made a website called Y2 Combinator, which was the Y Combinator that starts Y Combinator clones. There's a very clear difference in the quality between the companies that come from YC and the companies that don't.

Ask any venture capitalist, and they will tell you that they consider the experience and completeness of the founding team to be a more important factor in their investment decision than the technology that is being built.

Facebook has conquered much of the world.

I think things can surprise you. I mean, I loved Instagram from the minute it started, but I think it surprised a lot of people how quickly it got huge.

I'm just more excited about helping new entrepreneurs create the next Facebook or Google.

My favorite app is, without a doubt, Instagram. It's such a fun way to share photos and life's captured moments with friends, family and fans.

I always knew I wanted to be an entrepreneur. I started my own software company in high school and went to college to study entrepreneurship.

I was lucky - I found what I loved to do early in life. Woz and I started Apple in my parents' garage when I was 20. We worked hard, and in 10 years, Apple had grown from just the two of us in a garage into a $2 billion company with over 4000 employees.