Entrepreneurial Thought Leaders (ETL)
Kevin Systrom (Instagram) - How Instagram Scaled
Jun 3, 2020
Kevin Systrom, co-founder of Instagram, reflects on his journey, the importance of finding the right problem to solve, early growth of Instagram, and their current project related to COVID-19. They also discuss decision-making, expected value, and give advice for a fulfilling journey and enjoying life.
47:04
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Quick takeaways
- The right time to start a venture depends on individual circumstances, such as available skills and a supportive network.
- Building the right team is crucial for the success of a venture, emphasizing the value of finding investors and team members who align with the company's mission and have expertise in the relevant areas.
Deep dives
The Importance of Starting at the Right Time
Kevin Systrom reflects on his journey with Instagram and emphasizes that there is no universally right time to start a venture. While some companies have thrived during downturns, others have succeeded during economic booms. Systrom notes that the right time to start a venture depends on individual circumstances, including the availability of necessary skills and a supportive network. He suggests that it's important to be well-prepared and equipped with the right skill set before diving into entrepreneurship.
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