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Facebook Buys Instagram For $1 Billion

Discussion in 'BBS Hangout' started by Child_Plz, Apr 9, 2012.

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  1. Child_Plz

    Child_Plz Member

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    http://www.businessinsider.com/facebook-buys-instagram-2012-4

    Wow is instagram really worth that much?
     
    #1 Child_Plz, Apr 9, 2012
  2. CCorn

    CCorn Member

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    The empire grows stronger!


    [​IMG]
     
    #2 CCorn, Apr 9, 2012
  3. BrieflySpeaking

    BrieflySpeaking Contributing Member

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    ...the hell is Instagram?
     
    #3 BrieflySpeaking, Apr 9, 2012
  4. Bandwagoner

    Bandwagoner Contributing Member

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    **** you facebook. Seriously I hate you.


    I hate the faux old photography of instagram, but it was better than anything FB has ever done.
     
    #4 Bandwagoner, Apr 9, 2012
  5. mrm32

    mrm32 Member

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    IN THE FACE!
     
    #5 mrm32, Apr 9, 2012
  6. CXbby

    CXbby Member

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    Dot com bubble 2.0. Instagram has roughly 10 employees FYI.
     
    #6 CXbby, Apr 9, 2012
  7. Ziggy

    Ziggy QUEEN ANON

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    I don't get Instagram either. I see people upload pics from Instagram, and I'm like, hmm... why not just upload that directly? What's with the pee-pee game?
     
    #7 Ziggy, Apr 9, 2012
  8. Bandwagoner

    Bandwagoner Contributing Member

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    square aspect ratio, faux antique filters = 1 billion
     
    #8 Bandwagoner, Apr 9, 2012
    1 person likes this.
  9. SuperBeeKay

    SuperBeeKay Member

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    everybody uses that ****
     
    #9 SuperBeeKay, Apr 9, 2012
  10. Ziggy

    Ziggy QUEEN ANON

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    See, that's all I thought it was, figured they had some pee-pee game schtick that made girls and/or people with Macs think they had to use this app to be accepted into their fantasy, fairytale, quasi-hipster, internet wonderland.
     
    #10 Ziggy, Apr 9, 2012
  11. Hightop

    Hightop Member

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    Yup- wow.
     
    #11 Hightop, Apr 9, 2012
  12. kaleidosky

    kaleidosky Your Tweety Bird dance just cost us a run

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    $500M valuation in last round (very recently) from Sequoia...somehow they doubled that. Facebook seems even dumber..
     
    #12 kaleidosky, Apr 9, 2012
  13. SwoLy-D

    SwoLy-D Contributing Member

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    I don't think it's worth $1B either.
    I am constantly fooled into thinking their iPhone or Android device's camera has all those effects :eek: !!

    Not.

    Just upload it directly, man. Why the F install another RAM-hoggin' app? :grin:
     
    #13 SwoLy-D, Apr 9, 2012
  14. weslinder

    weslinder Contributing Member

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    How does Instagram make money anyway?
     
    #14 weslinder, Apr 9, 2012
  15. IBTL

    IBTL Member
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    apparently they make it from facebook for 1 billion.
     
    #15 IBTL, Apr 9, 2012
    1 person likes this.
  16. cardpire

    cardpire Member

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    great tweet:

    Dennis K. Berman ‏
    Remember this day. 551-day-old Instagram is worth $1 billion. 116-year-old New York Times Co.: $967 million.
     
    #16 cardpire, Apr 9, 2012
  17. Shroopy2

    Shroopy2 Contributing Member

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    Pics with a lo-fi look like they were taken with a '95 digital camera,
    or look like were developed from bad negatives from a disposable camera
    =
    Instagram / hipster "retro"
    =
    $1 Billion
     
    #17 Shroopy2, Apr 9, 2012
  18. Uprising

    Uprising Contributing Member

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    Wow. Never even heard of this instagram company.
     
    #18 Uprising, Apr 9, 2012
    1 person likes this.
  19. AMS

    AMS Contributing Member

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    This. Exactly what I was thinking yesterday while reading the hype about how it has an Android App now.
     
    #19 AMS, Apr 9, 2012
  20. got em COACH

    got em COACH Contributing Member

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    If a tree falls in the forest and no one hears it, a hipster will buy the soundtrack.

    Really mark?!?! You can can save billions by creating your own facebook photo apps. You already have the brand why over pay someone else?
     
    #20 got em COACH, Apr 9, 2012
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