Wanna know how much a good idea is worth? FB just bought Instagram for $1,000,000,000!

Ryna1

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Exactly. Never Give Up.

I wish this on anyone from BHW actually.
 

bk071

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You never know how much an idea is worth until you bring it to life...
Who would have thought instagram would make the developers 1 BILLION DOLLARS?

The key is being innovative, taking action and never EVER giving up!
 

ljt3759

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Saw this on digg earlier, pretty amazing! Personally I think 1$ billion is too much.. 250$ million would have been fine for both sides.
 

teeniegenie

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Instagram is easily monetize-able and helps FB get a "cool" factor they've struggled to obtain on their own. The price may be a bit steep but it is still a decent purchase IMO.
 

turbopugsleylx

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Even crazier is 3 years worth of work building Instagram (I think) was worth 1 billion dollars to them!
 

Anton91

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and that $1bil is going to split between 9 people. Wow
 
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Can someone explain what it is exactly and what makes it so special? I see it's about sharing pictures, but why is it so popular? Ive actually only heard of it about a month ago.
I have a BB, and not really into sharing pictures which is why I'm not familiar with it.
 

jamunkala

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It is not more than a rich guy's desire to buy something(anything) at any price he wants.
 

jayjaymoney

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I think that was a good purchase by Facebook. Now who will get pinterest? the Big G?
 

techcrunked

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seems like facebook made a shit deal. a billion for instagram? how could they possibly monetise instagram to justify the billion dollar cost? Facebook is a business after all. would have been much better if they had spend that $bill to build something from the ground up, which might have actually turned out to be useful. Or maybe they should have used that money to sue the idiot who came up with the idea of friggin' timelines.
 

Madruga

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Amazing... it's obv. that FB bought it because they know how it can be improved or adjusted for their benefits, and maybe ours. Point is, I hope that someone from BHW will one day go this far and tell the world that this place..actually not, omg not xD I hope someone will get it big like this, but not revealing the 'mother home'.
 

ExecutiveCloser

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Okay so they took out a 5 billion dollar loan and have already spent 1 billion. Any ideas what the other 4 billion will go to?

Edit: i forgot they did make one billion selling names/birthdays to walmart last year.
 
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