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December 5, 2012 08:42 pm GMT

Kevin Systrom: Facebook Is Still Trying To Figure Out How To Best Create Value Out Of The Instagram Acquisition

instagram-logoInstagram co-founder and CEO Kevin Systrom sat down for a conversation with CrunchFund's MG Siegler for a discussion about the company's status after its acquisition by Facebook at LeWeb Paris 2012 today. According to Systrom, the deal allowed Instagram to focus more on developing the app and grow faster. At the same time, though, he also acknowledged that Facebook is still trying to figure out how to really create value out of the $1 billion Instagram acquisition.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/YroBcEbAq7Q/

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