- Instagram cofounder Kevin Systrom said the app has "lost the soul" on an episode of "On with Kara Swisher."
- The app, he said, used to be for family and friends to share photos. Now, it's used to make money.
- "My biggest regret, I think, at Instagram is how commercial it got," Systrom said.
Social media platform Instagram has turned into a marketplace for influencers — and its cofounder Kevin Systrom is not happy about it.