Tech Mails

(not stated)

Mark Zuckerberg to Mike Schroepfer, March 9, 2012

Exhibit
From
Mark Zuckerberg
Sent
Friday, March 9, 2012
To
Mike Schroepfer
Subject
(not stated)

Only part of this email is public. The text below is the portion quoted in the source.

Kevin [Systrom] from Instagram called me yesterday to talk about selling his [company] to us. He said he thinks he'll either raise money or sell at $500m.
MZX-000012

About this email

The FTC's complaint says Zuckerberg emailed Facebook's VP of Engineering Mike Schroepfer with this report. Schroepfer replied that "not losing strategic position in photos is worth a lot of money."

The whole thread

  1. 2008 Mark Zuckerberg I was looking forward to the extra time that would have given us to get our product in order.
  2. Feb 2011 Mark Zuckerberg In 4 months they're up to 2m users and 300k daily photo uploads. That's a lot. We need to track this closely.
  3. Mar 9, 2012 Mark Zuckerberg Kevin [Systrom] from Instagram called me yesterday to talk about selling his [company] to us. He said he…