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  2. Launch of Instagram Stories: In 2016, Instagram introduced Stories, revolutionizing how users engaged with temporary photos and videos, showcasing a new dimension of interaction. Introduction of IGTV: Then came 2018, marking the launch of IGTV, which expanded content horizons with long-form vertical videos, reflecting the platform's adaptive ...

    • History of Instagram
    • Venture Capital Funding
    • Pivot to A Photo-Sharing Application
    • Launch of The iOS App
    • Series A Funding
    • Facebook Acquires Instagram
    • Newer Features Added to The App
    • The Bottom Line

    In 2009, Kevin Systrom, a 27-year-old Stanford University graduate, was working at Nextstop, a travel recommendations startup. Systrom had previously worked at Google (GOOG) as a corporate development associate and interned at Odeo, a company that would later evolve into Twitter (now X). While Systrom had no formal training in computer science, he ...

    A crucial turning point came in March 2010 when Systrom attended a party for Hunch, a startupbased in Silicon Valley. At the party, Systrom met two venture capitalists from Baseline Ventures and Andreessen Horowitz. After showing them the prototype of his app, they decided to meet for coffee to discuss it further. After their first meeting, Systrom...

    After Krieger joined, the two reassessed Burbn and decided to focus primarily on one thing: photographs specifically taken on mobile devices. They carefully studied leading apps in the photography category at that time. For Krieger and Systrom, the Hipstamatic app stood out to them because it was popular and had interesting features that you could ...

    The Instagram app was launched on Oct. 6, 2010, and racked up 25,000 users in one day. At the end of the first week, Instagram had been downloaded 100,000 times, and by mid-December, the number of users had reached one million.The timing of the app’s release ended up being fortuitous because the iPhone 4– featuring an improved camera–had launched j...

    After the rapid rise in Instagram's user base, more investors became interested in the company. In February 2011, Instagram raised $7 million in a Series A funding round. One of their investors was Benchmark Capital, which valued the company at around $25 million. In addition to institutional investors, the company attracted the attention of other ...

    By March 2012, the app’s user base had grown to approximately 27 million users. In April 2012, Instagram was released for Android phones and was downloaded more than one million times in less than one day. At the time, the company was also close to receiving a new round of funding at a valuation of $500 million.Systrom and Facebook founder Mark Zuc...

    Although Instagram has a variety of features, most basically, the app's interface allows individuals who have created a free account to upload media–both photos and videos. Users can then edit the media they upload with filters and organize them with location information and hashtags (a word or phrase preceded by a hash sign that is used primarily ...

    While user growth has continued to increase since the Meta (formerly Facebook) acquisition, Instagram has made a relatively small number of changes to the app, sticking to its simple and intuitive user experience and core focus on photo- and video-sharing capabilities. Despite the high price tag of its acquisition, the company appears to have been ...

    • Dan Blystone
  3. In August 2016, Instagram unveiled its Stories feature, a defining moment that altered the social media landscape. Mirroring the transient concept popularized by Snapchat, Stories presented a dynamic channel for posting photos and videos that disappear after 24 hours.

  4. Dec 8, 2023 · Instagram Stories was initially limited to sharing real-time photos or videos. But right from the beginning you could type or draw on top of them. Well in February 2018, Instagram Stories rolled out Type Mode, enabling the option to share JUST text, without any associated media.

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  5. en.wikipedia.org › wiki › InstagramInstagram - Wikipedia

    As of January 2019, Stories is used by 500 million people daily. [8] Originally launched for iOS in October 2010 by Kevin Systrom and Mike Krieger, Instagram rapidly gained popularity, with one million registered users in two months, 10 million in a year, and 1 billion by June 2018.

  6. May 25, 2023 · The History of Instagram: What to Know. Kevin Systrom and Mike Krieger founded Instagram, an image and video-sharing social media platform in the United States. Facebook Inc. bought the service for $1 billion in cash and equity in April 2012. Burbnas, a mobile check-in app, was the origin of Instagram in San Francisco.

  7. Oct 5, 2020 · Stories (added 2016) took the idea of ephemeral media from Snapchat, IGTV (2018) borrowed from YouTube, and Reels (2020) from TikTok. "Over the years, all of these other competing interfaces with ...

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