Co-Founder Jack Dorsey Departs Instagram Amidst Zuckerberg-Musk Social Media Confluence
Former co-founder and CEO of Twitter, Jack Dorsey, has taken the step of deleting his Instagram account. This move comes at a time when Mark Zuckerberg, the founder of Meta, and Elon Musk, the owner of X (formerly known as Twitter), are deeply embroiled in a highly contested battle for supremacy within the realm of social media.
The esteemed @jack username on the Instagram platform has now become available for acquisition, following an announcement from Jack Dorsey, who currently serves as the CEO of Block. Dorsey, a prominent figure in the tech industry, has publicly confirmed the deletion of his personal Instagram account.
“I have chosen to delete my Instagram account. Reflecting on the matter, I find it curious that this decision did not occur to me sooner. It’s worth noting that I was among the initial ten users to join the platform, and also held a role as one of its pioneering angel investors,” expressed Dorsey in a statement shared on the decentralized social media platform, Nostr.
“Kevin (Systrom) had been an intern at Odeo, an association that holds significance in my trajectory. Subsequent to their acquisition by Facebook, my engagement with the platform ceased. It shall indeed be intriguing to observe the unfolding developments concerning the utilization of the @name,” Dorsey appended.
Systrom, in partnership with Mike Krieger, assumed co-founding responsibilities for Instagram. His tenure as the CEO of Instagram persisted until September 24, 2018, at which point he elected to tender his resignation.
Meta, which was previously known as Facebook, orchestrated the acquisition of Instagram in the year 2012, a transaction that amounted to a notable sum of $1 billion.
Odeo, an enterprise established by Noah Glass and Evan Williams in the year 2005, underwent a transformation and evolved into the Obvious Corporation. This entity eventually served as the cradle for the inception of Twitter.
In parallel developments, Meta introduced its counterpart to Twitter named “Threads” within the Instagram platform. Concurrently, Bluesky, a project backed by Jack Dorsey, disclosed the successful attainment of $8 million in funding, earmarked to bolster its mission and facilitate expansion.
Bluesky is poised to introduce a premium offering that extends custom domain functionality to its user base. This service is tailored for individuals seeking to establish a distinct and personalized domain as their designated handle within the platform.
The rival to Twitter, Bluesky, has successfully secured a sum of $8 million in a preliminary funding round, spearheaded by Neo, a community-oriented venture supported by notable figures such as Ali Partovi and Suzanne Xie, amongst others.
Jack Dorsey’s departure from Instagram aligns with the ongoing social media dispute between Elon Musk and Mark Zuckerberg, which has been likened to a metaphorical cage fight for dominance in the digital sphere.