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Facebook Buys Instagram For $1 Billion

tivoboy said:
2. WHY buy when you can rent or rebuild. Honestly, how hard would it be to recreate an instagram? I don't THINK that instagram owns any patents around either their delivery or their SECRET SAUCE of vintage or filtered photos. Other company's are already starting to do this with both pictures AND video. Did they land on something interesting with filters, yep, but other than that it is replaceable.
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Why reinvent the wheel when you can buy the wheel? Instagram has over 30 million users. This was probably before Android users around the globe get familiar with it. Even more so now that it's all over the news. That 30 million is likely to be 50 million in a couple weeks, if not days.
It would have been stupid to put a lot of R&D into something that they could easy buy and refine. Adding video and increasing the features of what's already in place is sure to happen. Granted it will become far too commercial now, but it'll can't get any 'worse'.
 
roadbloc said:
God that sounds horrendously hipsterish. I suppose Instagram is too mainstream for you guys now? :rolleyes:
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Nah. It'll continue to use it, so long as Facebook keeps it separate from the facbeook website. :)

If they try to blend it in... BAH. :mad:
 
Thud

The sound of hipsters jumping off bridges. I guess no more "vintage" pictures of flannel-shirt loving, converse-wearing, thick rimmed glasses sporting JAs drinking Hamms and PBR. Since facebook is the third largest country in the world, that should just about eighty-six that plague of originality.

Now if only facebook could buy medievalists I'd have all my hates in one place.
 
$1B for an online photo filter?
I sense another dotcom bubble on the way followed by
a massive crash that cripples the economy for a few years.
 
applesith said:
I'd love to know how FB valued a 12 person company with zero revenue at a billion dollars.
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For all such wondering: it has nothing to do with the app or the company and everything to do with the users accumulated by the app/website. All these companies care about is access to customer data. When Borders went out of business, the best thing they had to sell off was their customer database. Users are just potential as revenue. Users are the product, here, just like with Google & Facebook.

I'm wondering when the advertising bubble will burst, frankly.
 
There's just one thing that worries me about this. I am currently living in China, and Facebook has been blocked by the Chinese Government, along with Twitter, Youtube, and many others. Hopefully this purchase won't cause Instagram to become blocked as well. XFingers crossedX
 
One thousand million dollars for a fifteen people almost no revenue company? Ok. Looks desperate if you are asking me.
 
nomad411 said:
What do you mean? Oh! You must be using the free version and their ads are all about FB?
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no constantly reminding me to connect to FB. Even if I had a FB account I would not let it connect to there. There is no option to never remind me again just remind me later. Obviously you have not used Sparrow enough to comment.
 
dysamoria said:
For all such wondering: it has nothing to do with the app or the company and everything to do with the users accumulated by the app/website. All these companies care about is access to customer data. When Borders went out of business, the best thing they had to sell off was their customer database. Users are just potential as revenue. Users are the product, here, just like with Google & Facebook.

I'm wondering when the advertising bubble will burst, frankly.
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I don't think it's crazy to assume that most Instagram users are already facebook users. FB made this purchase because they don't want someone else such as Google to buy it first. Google would gain more from buying Instagram and pushing G+ and other G products on those users than FB would.

They are not buying Instagram for its capabilities or tech. If that was at all part of the purchase, then that says FB can't replicate Instagram for less than $1B internally.
 
I really hope Facebook doesn't ruin Instagram. It's the one networking app I use the most and really enjoy using it. Kinda wish they would have left it alone.
 
Wow, first Zynga buys OMGPOP (a company nobody knew about a couple months ago), for 200M and now Facebook buys Instagram for 1B? ...

I think the Facebook IPO will mark the beginning of another bubble if it already hasn't already begun.
They're saying that Facebook will be valued at 100B? That's insane.. Facebook, a company which is about 7 years old is as valuable as McDonalds? and Boeing? are they serious?

Now a days there are so many different forms of social media such as Twitter, Google+, Pinterest, Path, etc. that Facebook traffic is actually decreasing, and Facebook's whole revenue model is on advertisements, and advertisements are based on traffic.

The New York Times Co. a company which is over 116 years old, is valued at 960M, and Instagram a company/app which is over 550 days old, is valued at 1B? There's something wrong with this picture..

This new bubble will burst, watch out for it.
 
deep thought

Guys! Wait! Think of the synergies! Being able to play farmville with a sepia tint is definitely going to draw in like a bazillion new FB users. Who will surely be clicking those targeted ads like CRAZY after being dazzled by that expired film stock look. Better open those margin accounts now while you still can!
 
1 billion my ass

I think this companies are ******** everyone here.
No way that app which is used by 15 million people will sell for 1 Billion.
Seems like they are inflating their value.
Big big big BUUULLL SHIIIT.

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Reach9 said:
Wow, first Zynga buys OMGPOP (a company nobody knew about a couple months ago), for 200M and now Facebook buys Instagram for 1B? ...

I think the Facebook IPO will mark the beginning of another bubble if it already hasn't already begun.
They're saying that Facebook will be valued at 100B? That's insane.. Facebook, a company which is about 7 years old is as valuable as McDonalds? and Boeing? are they serious?

Now a days there are so many different forms of social media such as Twitter, Google+, Pinterest, Path, etc. that Facebook traffic is actually decreasing, and Facebook's whole revenue model is on advertisements, and advertisements are based on traffic.

The New York Times Co. a company which is over 116 years old, is valued at 960M, and Instagram a company/app which is over 550 days old, is valued at 1B? There's something wrong with this picture..

This new bubble will burst, watch out for it.
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Yes my friend-It is all artificial.
It is just one big big big ********.
What do Facebook actually produce?
Besides marketing data nothing?
Tell them to go and **** themselves.
 

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KingJosh said:
no constantly reminding me to connect to FB. Even if I had a FB account I would not let it connect to there. There is no option to never remind me again just remind me later. Obviously you have not used Sparrow enough to comment.
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I've only gotten that twice so far. it's not even needed right?
 
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