Why Facebook bought Instagram for a billion dollars
Posted 10 April 2012 - 12:19 PM
This post has been edited by TeaEarleGreyHot: 10 April 2012 - 12:20 PM
Posted 10 April 2012 - 03:33 PM
Question: why would having access to the where and the when of the picture taking be important to Facebook?
They're in it for the sprunjing.
Posted 10 April 2012 - 04:28 PM
Posted 10 April 2012 - 08:22 PM
Took the words right off the tips of my fingers.
Posted 11 April 2012 - 04:19 AM
So the biggest reason that it sold was that they had no revenue and had to find someone to buy them? So, implying some level of desperation there, why a billion dollars? If that is the case, it seems that Facebook could have come along and offered a million dollars and Instagram would be having an office party...
Posted 11 April 2012 - 05:53 AM
As I finished reading article, these were my thoughts exactly. In fact I read the posts just to see if anyone else felt the same way!