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Facebook Buys Instagram for $1 Billion

This is a discussion on Facebook Buys Instagram for $1 Billion within the General Business forums, part of the Business category; Facebook on Monday announced a billion-dollar-deal to buy the startup behind wildly popular smartphone photo sharing application Instagram. Not bad ...

  1. #1
    Senior Member Andrew's Avatar
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    Default Facebook Buys Instagram for $1 Billion

    Facebook on Monday announced a billion-dollar-deal to buy the startup behind wildly popular smartphone photo sharing application Instagram.

    Not bad for an app that has only a dozen staff and no income stream.

    What do you guys think? Is it really worth $1 Billion?
    willssmith likes this.

  2. #2
    Member ergard's Avatar
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    Default Re: Facebook Buys Instagram for $1 Billion

    wow! that's a hell of a lot of money

    They have like 13 employees, less than 2 years old company without any revenue stream. Wonder how much each employee will take away!
    willssmith likes this.

  3. #3
    Senior Member Rayz.Mario's Avatar
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    Default Re: Facebook Buys Instagram for $1 Billion

    That's a lot of money! btw, the founder holds 40% shares of the company. So you can calculate what his cut gonna be.

  4. #4
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    Default Re: Facebook Buys Instagram for $1 Billion

    OMG!That's very a lot of money!so the employees also have a lot.
    willssmith likes this.

  5. #5
    Senior Member jassica143's Avatar
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    Default Re: Facebook Buys Instagram for $1 Billion

    No more idea about for this but thanks for sharing more info..

  6. #6
    Senior Member kinnethharring's Avatar
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    Default Re: Facebook Buys Instagram for $1 Billion

    I think that was a good move for Facebook.

  7. #7
    Member mwhelan12's Avatar
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    Default Re: Facebook Buys Instagram for $1 Billion

    They'd have never dreamt of such a big amount... Everybody will take away big slice of income.

  8. #8
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    Default Re: Facebook Buys Instagram for $1 Billion

    That is really a huge money but still they can bring back that money.
    willssmith likes this.

  9. #9
    Member arkadinin's Avatar
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    Default Re: Facebook Buys Instagram for $1 Billion

    Hi dear,
    $1 billion is very huge amount, according to me its not good.

    Thanks

  10. #10
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    Default Re: Facebook Buys Instagram for $1 Billion

    I think it is a good move by Facebook to enhance the features and apps for the users

  11. #11
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    Thumbs up Re: Facebook Buys Instagram for $1 Billion

    Quote Originally Posted by Andrew View Post
    Facebook on Monday announced a billion-dollar-deal to buy the startup behind wildly popular smartphone photo sharing application Instagram.

    Not bad for an app that has only a dozen staff and no income stream.

    What do you guys think? Is it really worth $1 Billion?
    Facebook is not a new thing and if it has decided to buy Instagram then I think it must be worth it. I don't think the no. of staff has any role to play in the performance of the company, its the quality of work done. So if those dozen employees are putting in quality work then I don't think its questionable.

  12. #12
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    Default Re: Facebook Buys Instagram for $1 Billion

    Spending lot of money on it then there should be big and great benefit in it.

  13. #13
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    Default Re: Facebook Buys Instagram for $1 Billion

    Yes is worth 1 billion,Facebook is really doing a lot of thing that his/her audience will surely like and it is very effective that they buy the application.