Were instagr.am worth 1B$??? #What About Pinterest? !!!
- Thread starter yeasin33
- Start date
BlackfirecpaRick
Newbie
- Aug 4, 2011
- 23
- 7
i think the owner of pinterest should hold on to it!
Indiigo007
Junior Member
- Nov 11, 2009
- 189
- 191
From the Wall Street Journal the other day:
http://online.wsj.com/article/SB10001424052702303448404577409212961081738.html
charlie3
Senior Member
- Oct 4, 2009
- 1,078
- 493
The only reason Facebook bought Instragram is to prevent competition. They are pretty much the go to website for sharing photos and I think they wanted to avoid heavy competition so it was probably just easier to buy Instagram. Was it worth $1B? I don't think so but then again I don't work for Facebook or Instagram.
t5o1m
Regular Member
- Apr 16, 2012
- 350
- 133
Do you think they'll do the same with viddy or socialcam?
kideze
Elite Member
- Jun 23, 2009
- 1,719
- 333
When those become popular enough, maybe.
RodMar
BANNED
- May 12, 2012
- 435
- 66
If the question is, is instagram worth $1B, I would definitely say, NO, from my point of view. But Facebook is more in tactical game than ever before. If you see, they have bought plenty of patents as well while they have bought instagram. They are focusing to dominate and secure every sector that we are thinking of. I guess, once Myspace had all the hype, but they didn't think what the next step should be, and here Facebook is going ahead all of them. With billions in hand, I won't surprise if they make several deals like instagram in near future.
xashishx
Regular Member
- Jan 30, 2011
- 465
- 135
Well,after the disastrous ipo of facebook,we should now maybe understand that these tech companies are being over valued. Instagram is surely not worth 1b$ but it was a competition to facebook as the main purpose of it was sharing images with friends,that is the basic thing in facebook too. Facebook couldn't risk any competition and they took over it. As far as pinterest is concerned,it will surely be valued more than instagram.
beauxesprits
BANNED
- Jan 31, 2011
- 655
- 650
I heard of Instagram only when it flashed in my screen in yahoo news..... Intragram sold, facebook bought it for..... lolz
Instagram was only worth $1B because Zuckerberg was bunging some dosh to his chums working there.. such as the former fb exec who lead a $7M investment in instagram just a couple of months before fb bought it.. and you can bet several of the silicon valley investors involved in that deal are well known to zuck. It's all about who you know..
followinstagram
Newbie
- Aug 6, 2012
- 13
- 0
Instagram is worth 1 billion and its perfect decision by fb to take on to reduce competition.
