Kevin Systrom
Appearances
Pivot
Elon Steps Back from DOGE, Wall Street Whiplash, and Meta’s Antitrust Trial Continues
We were struggling to keep this set up, $500 million valuation. And then Mark came along and was like, hey, how about I double that? And you get to keep working on what you love, and you get all the expertise of Facebook. You get to work with me, Sheryl Shrepp, et cetera. And that sounded like a really good deal. And if you look in retrospect, I think it was a great deal.
Pivot
Elon Steps Back from DOGE, Wall Street Whiplash, and Meta’s Antitrust Trial Continues
Think about all the things we've accomplished being part of Facebook. All the things we have plugged into, whether it's hiring, spam fighting, the ad system. I mean, we have thousands of salespeople who are basically selling ads for Instagram. And we snapped our fingers to access them. So a lot of really great stuff.
Pivot
Elon Steps Back from DOGE, Wall Street Whiplash, and Meta’s Antitrust Trial Continues
Yes, I snapped my fingers. No, but I guess my point is like.
Pivot
Elon Steps Back from DOGE, Wall Street Whiplash, and Meta’s Antitrust Trial Continues
I mean, I bet you we would have been successful as an independent company as well.
Pivot
Elon Steps Back from DOGE, Wall Street Whiplash, and Meta’s Antitrust Trial Continues
I think the worst part of the sale was just like trying to both accomplish something great with the company And also merge it into a company that didn't quite know how to look at you. Were you a competitor? Were we excited to own you? Like, it's like a roommate who moves in and you're like, oh, like this person's really cool, but also there's stuffs everywhere.
Pivot
Elon Steps Back from DOGE, Wall Street Whiplash, and Meta’s Antitrust Trial Continues
That's kind of what it felt like for eight years. And... Bad roommate. Are there any good roommates? I don't know. Maybe that's the reason why people shouldn't have roommates. But it was challenging, but we did great things.