Instagram co-founder Kevin Systrom, who built a website that tracks the rate of coronavirus infections in the U.S., told CNBC it is showing worrisome signs.
Systrom said on “Squawk Box” that 34 states in the U.S. have an estimated rate of coronavirus transmission above 1.0, defined on his website as an indication the virus will spread quickly. A value less 1.0 suggests the spread will stop.
Two months ago, Systrom noted, there were five states who had an estimated rate of coronavirus transmission above 1.
“So you have an incredible rebound,” said Systrom. “People like to say we’re not in a second wave. I don’t know what a second wave [is] if that’s not a second wave.”