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Old 10th April 2012, 01:01   #1
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Default Facebook buys Instagram

So, all the mobile photographers on iOS and now android i'm sure are already aware of Instagram the editing and sharing app - well now facebook has bought it for a whopping 1 billion USD.

Source - Install or Not | News: Facebook acquires photo-sharing app Instagram for $1 billion
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Old 11th April 2012, 23:57   #2
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Default Re: Facebook buys Instagram

The biggest social network buys another one . Dont really think 25 million members and their pics were worth 1 Billion. Hopefully it will stay independent
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Old 12th April 2012, 00:23   #3
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Default Re: Facebook buys Instagram

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Originally Posted by akshayasok View Post
The biggest social network buys another one . Dont really think 25 million members and their pics were worth 1 Billion. Hopefully it will stay independent
Overpriced, but he waited to see the response on Android, which was as expected great and baym the sale !
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Old 12th April 2012, 00:29   #4
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Overpriced, but he waited to see the response on Android, which was as expected great and baym the sale !
True but the snobbish community who own iPhones had a public outcry on twitter about Android joining the club lol
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Old 12th April 2012, 00:33   #5
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Default Re: Facebook buys Instagram

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True but the snobbish community who own iPhones had a public outcry on twitter about Android joining the club lol
I kind of do agree, dilutes the quality of pics as android devices vary from as less as $100 to as high as $800 with sensors as crappy as VGA to as good as 16/18mpx.

But then whoever thinks instagaram is anything but good timepass i.e. photography tool or makes one a photographer is fooling nobody but themselves
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Old 12th April 2012, 00:38   #6
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Default Re: Facebook buys Instagram

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I kind of do agree, dilutes the quality of pics as android devices vary from as less as $100 to as high as $800 with sensors as crappy as VGA to as good as 16/18mpx.

But then whoever thinks instagaram is anything but good timepass i.e. photography tool or makes one a photographer is fooling nobody but themselves
+1, Instagram is not a photo application, its just a social network with emphasis on picture sharing(Facebook was like that for me, in the beginning). Will definitely help with Facebook's IPO later in the year though!
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Old 12th April 2012, 16:59   #7
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Default Re: Facebook buys Instagram

Interesting buy. Instagram has just 13 employees!
Rumors are that it would be Four Square next.
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Old 12th April 2012, 17:50   #8
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Default Re: Facebook buys Instagram

For those at Instagram life has received an "overhaul". Imagine what you could do with a billion dollars. Now there is also Pinterest.
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Old 2nd May 2012, 16:20   #9
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Default Re: Facebook buys Instagram

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Originally Posted by akshayasok View Post
+1, Instagram is not a photo application, its just a social network with emphasis on picture sharing(Facebook was like that for me, in the beginning). Will definitely help with Facebook's IPO later in the year though!
+1. Quite a few think that Instagram is 'art'. It is just a timepass tool for casual use. Guess FB got spooked by the meteoric rise and bought it before it emerged as a real threat

By the way Instagram had only 12 employees at the time of acquisition. That makes the valuation per employee about $ 80 mn. Signs of another dot com bubble?
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Old 2nd May 2012, 20:11   #10
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Default Re: Facebook buys Instagram

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+1. Quite a few think that Instagram is 'art'. It is just a timepass tool for casual use. Guess FB got spooked by the meteoric rise and bought it before it emerged as a real threat

By the way Instagram had only 12 employees at the time of acquisition. That makes the valuation per employee about $ 80 mn. Signs of another dot com bubble?
Dot come bubble is so 2001, its the Social Networking bubble now . There is literally a new social network every week, either online or iPhone/Android exclusives (like Path). But I think the bubble will burst soon and how well the FB IPO goes on May 12 would be a good indicator for sustainability of social networks. Then again, Facebook has got nearly 1 billion people's information to play around with unlike most of its competitors.
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