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How I Built This with Guy Raz

Live From The HIBT Summit: Kevin Systrom & Mike Krieger Of Instagram

How I Built This with Guy Raz

Guy Raz | Wondery

Business

4.831.1K Ratings

🗓️ 19 December 2019

⏱️ 24 minutes

🧾️ Download transcript

Summary

Our third live episode from the 2019 How I Built This Summit features Kevin Systrom and Mike Krieger, co-founders of Instagram. They talk to Guy about what they've been doing since they stepped down from the company, and whether they think social media can still help make a kinder world. In the new year, we'll release more episodes from the HIBT Summit, so keep checking your podcast feed!

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Transcript

Click on a timestamp to play from that location

0:00.0

Hey, Prime Members, you can listen to how I built this early and ad-free on Amazon Music.

0:07.0

Download the app today.

0:09.0

New Year's is here, and with it brings the possibility of change.

0:13.0

As one behavioral scientist put it, first starts are really powerful.

0:17.0

So as you head into 2023, LifeKit is a great resource to help you plan your life and tackle changes, both big and small.

0:24.0

Listen to the LifeKit podcast from NPR.

0:30.0

Hey, so for the past few weeks, I've been asking you to consider a donation to your public radio station, and the idea behind it isn't just to ask for money, but to ask for your support, because public radio stations depend on your contributions.

0:45.0

And it's how they can broadcast news programs and shows like this one on their airwaves. So if you can, please consider donating by going to donate.npr.org slash built. And thanks.

0:58.0

Hey, it's Guy here. So today, we're releasing another live interview from this year's How I Built This Summit, which happened this past October in San Francisco.

1:10.0

And this one's my conversation with Kevin Systrom and Mike Krieger, the co-founders of Instagram. And if you haven't heard their original podcast episode, you should definitely go back and give it a listen.

1:21.0

In that episode, they talk about how they kind of stumbled on the idea of using filters for photo sharing, and how in just two years, they got nearly 30 million followers and then sold to Facebook for $8 billion.

1:34.0

They spent six more years there, and then both of them stepped down in 2018. And so when we sat down together at the summit, here's the question I was thinking of.

1:43.0

After you launch one of the most successful apps in the world, what do you do next?

1:49.0

Let's talk about the last year. It's been about a year since you left.

1:53.0

Has it been a little bit weird? I mean, because you had a staff and this team and this company and you were coming into work every day, and then there's a day where you don't do that.

2:03.0

I think the first readjustment is all of a sudden, do you have a way to off your shoulders because the site isn't down. There isn't a decision to be made every single second, and you're able to step back and reflect.

2:15.0

But what you touched on is really true as well, which is, one, you miss the people you work with, that's a thing that is really notable as well.

2:22.0

But also, your leverage is totally gone. So if we have an idea now, or we want to get something done, we go and do it by ourselves, which is also an exciting hands-on moment as well.

2:33.0

That's the most notable sort of, oh, okay, now we're in a different place now.

2:37.0

I think if you look at companies that have been around now for a while in Silicon Valley, you run it, and there are people running it, and you look around, and there's the system that supports everything.

2:50.0

That goes every day. You've got your monthly check-ins. You've got your weekly staff meetings, and you just know what your schedule is going to be.

2:59.0

And everything has this enormous momentum, or inertia. I don't know which one is which, but you know what I mean. It's got a lot.

...

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