This year’s Crunchies saw Instagram founder Kevin Systrom take top honors for the “Founder of the Year” category, which is likely a safe pick considering what his company accomplished in 2013. He managed to grow his service’s user base and engagement to stunning levels, crossing 50 million users in May thanks to the addition of an Android client. That growth likely led to the huge price tag paid for Instagram by Facebook when it came calling to purchase the mobile photo sharing service later on in the year. Facebook paid $1 billion for Instagram when it purchased Systrom’s startup in April , which is a crazy amount of money, but likely worth it for Facebook which is seeking to build up its mobile reputation. Systrom won out over runner-up Elon Musk, a very different type of entrepreneur and the founder of Tesla Motors, but his 2012 wasn’t just a series of unending highs.
The full story can be read/found on Instagram’s Kevin Systrom Takes “Founder Of The Year” At The 2012 Crunchies
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