When Instagram co-founder Kevin Systrom was at Stanford, he was approached by Mark Zuckerberg to join Facebook. That was back in 2004, when the company was just getting off the ground.
“Unfortunately, I decided I wanted to stay in school, and that’s one of those decisions that I look back at–I would’ve loved to have been part of Facebook’s growth over the years, but it was the first time I met those guys,” Systrom told Fast Company last year. “It was certainly the harbinger for what was to come in my future.”
Good thing he turned down Zuckerberg’s offer — because Facebook bought Instagram today for $1 billion.
As a co-founder, it looks like Systrom will be getting at least $300 million in the acquisition.
He probably would not have picked up that much money in Facebook’s IPO. And he still gets to work at Facebook after all.