Fast Company decided it was time to check in on the Hipstamatic guys. How’ve things been since the Instagram acquisition made them look like the losers in the photo app head-to-head? Well, no one expected everything would be happiness and fun times. But the picture that emerges in the second installment of a three-part series on the company sounds a lot like Lord of the Flies set in Silicon Valley.
In the very first line, CEO Lucas Buick admits that, in the last year, the company has lost focus. Twitter expressed interest in an acquisition, sources say, but the idea wasn’t taken too seriously. Attempts to transition to social have been rocky.
But it sounds like matters haven’t been helped by a cultural rift within the company. Outlined in painful detail is a gulf between the founders and
the developers the employees (many of them developers) hired once the company was up and running: