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Astronaut
YouSendIt_Kyle
Posts: 1,571
Registered: ‎02-28-2012

"Why Facebook bought Instagram on the way to its $100-billion IPO"

Co-Pilot
MarkWC
Posts: 8
Registered: ‎12-11-2011

Re: "Why Facebook bought Instagram on the way to its $100-billion IPO"

Pretty crazy, just valued recently at $500 million when they closed their last round.  I do love instagram but WOW 1 billion dollars!

 

What does everyone else here think?

Ticketing Agent
G82Photography
Posts: 6
Registered: ‎04-01-2012

Re: "Why Facebook bought Instagram on the way to its $100-billion IPO"

Kind of mind boggling that a product that was about 550 days old is worth more than an 116yr old institution:

 

http://thenextweb.com/insider/2012/04/09/at-a-market-cap-of-950-million-the-new-york-times-is-worth-... 

 

even more mind boggling was the reaction of some Apple users to Instagram's introduction to the android OS last week.

 

http://www.buzzfeed.com/katienotopoulos/iphone-users-disgusted-by-android-instagram

MarkStagi
Posts: 1,603
Topics: 30
Kudos: 110
Blog Posts: 12
Ideas: 13
Solutions: 31
Registered: ‎12-07-2011

Re: "Why Facebook bought Instagram on the way to its $100-billion IPO"

[ Edited ]

True, very crazy indeed!

 

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Astronaut
YouSendIt_Kyle
Posts: 1,571
Registered: ‎02-28-2012

Re: "Why Facebook bought Instagram on the way to its $100-billion IPO"

Those iPhone user responses are the best! Reminds me of when people turn on their favorite bands once they sign a major record deal. Hilarious.