before it became too expensive.
1b is not expensive yet? What is expensive then? Yahoo (10-15b)?
1b is not expensive yet? What is expensive then? Yahoo (10-15b)?
The sums of money being bandied about are absolutely mind boggling. 1 billion for a photo sharing app?
I don't know how they got to the price and so cannot argue its rationality, but having one's eyes glaze over because of the price tag alone isn't reasonable either.
just sayin'
and just in case you think that's not enough, it's more of a revenue model than instagram had.
Well, let's assume FB gets somewhere near a 100b valuation when they go public. Is a tool that drives engagement, and ensures your users continue engaging with your site multiple times throughout the day worth a 1% investment not only to have it for yourself, but also to keep it from competitors? In one purchase, they've not only captured one of the leading mobile photography communities, but they've also purchased a tool that is used to seed those photos through other social networks. Now you'll have more "Facebook photos" appearing on to Twitter and Google Plus as long as users continue to use Instagram.