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Facebook bought instagram photo sharing site for 1$ billion

Discussion in 'FaceBook' started by chris1025, Apr 9, 2012.

  1. chris1025

    chris1025 Regular Member

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  2. NNNyc

    NNNyc Newbie

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    and this is how Instagram become gay
     
  3. Ninety9media

    Ninety9media Junior Member

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    Billion dollar company and I never heard of it till now.
    I was thinking how all these web 2.0 companies produce nothing, they sell nothing, everything is uploaded by users. Yet worth billions. Crazy times
     
  4. fbmike

    fbmike Newbie

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    I wouldnt doubt it since facebook makes millions a day. They are expanding, which is some serious Sh*tf
     
  5. nirose

    nirose Senior Member

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    Users are the products for web 2.0. more the users, more reach, then ads and stuffs.

    As for instagram thing, my thought is that mark zuckerberg thought they will beat facebook as the biggest photo sharing sensation. So he had to buy it. Thats what big companies do these days, buy the competition (if you can) or sue them for something stupid. :D
     
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  6. JanaSEO

    JanaSEO Junior Member Premium Member

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    I seriously hope that Instagram doesn't change now that it is bought out by facebook.

    The app works awesome! So hopefully it will stay the same.

    Do you think that there will be any opportunity for affiliates in this venture?
     
  7. Checkmate

    Checkmate Elite Member

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    I don't think they will change since Facebook also gets the employees from Instagram. They'd probably want to keep the same goal and vision intact but just enhance to way further.
     
  8. TripleBeamDreams

    TripleBeamDreams Junior Member

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    The fact that instagram is practically still a start-up (started 2010) makes me so f*****g jealous... They have only 13(!) employees FFS!!! $77M x 13 = The most expensive company EVER bought/sold in the history of mankind... I am going to throw up now. okbye
     
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  9. proph37

    proph37 Newbie

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    The hell
     
  10. riekal

    riekal Junior Member

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    Here, you can use my bucket, cuz I already threw up.
     
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  11. tallblackhat

    tallblackhat Newbie

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    You might be right and I'm wrong, but I read on Mashable that Instagram only has 9 employees. I also read that they've only been around for 17 months! Either way, this definitely a huge sale!
     
  12. alphaprojectt

    alphaprojectt Newbie

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    ^ I was also under the impression that Instagram only had 9 employees.
     
  13. Detangled

    Detangled Newbie

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    Instagram was launched maybe a year and a half ago? That's the quickest billion dollar company ever. lol.
     
  14. ginasims

    ginasims Jr. VIP Jr. VIP Premium Member

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    I think for less than billion dollars I could make a Instragram clone.
    But I agree with Nirose.

    Quote from Nirose post:
    "As for instagram thing, my thought is that mark zuckerberg thought they will beat facebook as the biggest photo sharing sensation. So he had to buy it."