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  7. Facebook : Instagram for $1 billion

Facebook : Instagram for $1 billion

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10 Apr 2012 09:19 #83002 by ketchim
                       

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10 Apr 2012 09:20 #83003 by ketchim
Instagram was only launched in October 2010 -

initially just for the iPhone before being offered as an Android app last week.

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10 Apr 2012 09:22 #83004 by ketchim
Pictures were at the heart of Facebook's success :
the easy sharing of pictures made it stand out against early rivals.
Today, the social network is the world's largest photo-sharing website.
Combine Instagram's mobile appeal with some careful Facebook integration (without annoying existing users too much),
and Mark Zuckerberg could have made a very nifty move.
Facebook will have to tread carefully, though...........

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10 Apr 2012 10:48 #83013 by Nargis
i just got instagram and now FB bought it.


geeeex cant they leave things alone

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10 Apr 2012 13:25 #83074 by Snoopster

Me too.  But after I downloaded it I've just used it once or twice.  Not a great app as peeps are making it out to be.

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10 Apr 2012 13:42 #83077 by Kwami
Why are communication devices worth so much ? They dont grow food, make garments or produce energy etc. , stuff needed for survival

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10 Apr 2012 13:53 #83078 by Nargis

it changes the picture type - not too bad but i dont know why its such a big hit either

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10 Apr 2012 14:32 #83081 by Snoopster

Yep, same here.  I didn't find it to be all that useful.

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10 Apr 2012 14:47 #83082 by Snoopster
It's all artificial (the value and worth).  With facebook, Youtube, twitter etc. their value is supposedly based on the amount of users in their system and the amount of ad revenues they can generate.  The more users the greater the ad revenue.

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11 Apr 2012 12:45 #83129 by Nargis
im starting to hate Facebook

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