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Greg Voakes: The Numbers Behind Facebook's Acquisition of Instagram

2 years agoNews : Huffington Post

Facebook is dumping a whopping $1 billion for Instagram, a company that is less than two years old and has no revenue. Here are the numbers behind the purchase.
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Zuckerberg FTW: Facebook Instagram Deal Was A Steal At $1 Billion

Technology : The Inquisitr - Tech (2 years ago)

Sure, Mark Zuckerberg has gotten a lot wrong this year, but his wisest move in Facebook’s first year as a public company was his acquisition of Instagram for $1 billion. Seems like a pretty steep price tag for the popular image shar... Read Post

Silicon success hits Instagram as Facebook shells out $1 billion to buy it

Technology : (2 years ago)

It's a sign of the times. Mark Zuckerberg announced that Facebook has purchased photo app Instagram for $1 billion. The 13-person team at Instagram has not been able to generate revenue but was able to build a strong base of 30 mill... Read Post

Facebook’s WhatsApp Acquisition Leaves Snapchat Hanging

Technology : TechCrunch (5 months ago)

With Facebook's massive $19 billion purchase of WhatsApp earlier today, any possible marriage between Facebook and Snapchat appears to be dead. After spending $20 billion on a photo sharing company (Instagram) and messaging company ... Read Post

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