This Wired article[1] states that the first co-founder owned 40% of the company ... | Hacker News

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		mendable on April 9, 2012 \| parent \| context \| favorite \| on: Instagram is acquired by Facebook This Wired article[1] states that the first co-founder owned 40% of the company and the second co-founder owned 10% of the company at the time of acquisition. This might suggest they started out with an 80/20 split. Why? How did that split come about? [1] http://www.wired.com/epicenter/2012/04/facebook-buys-instagr...

speedracr on April 9, 2012 [–]

Kevin Systrom went all in at an earlier point. Discussed in more detail by the two of them here: http://ecorner.stanford.edu/authorMaterialInfo.html?mid=2745 (video)

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