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Why Instagram is worth $1B to Facebook
(
cnn.com
)
2 points
by
mikeleeorg
on April 10, 2012
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1 comment
ddodge
on April 10, 2012
[–]
The $30/user is just a valuation metric, not the acquisition justification. They bought it because mobile and photos are core to what Facebook does...and Instagram does it better than Facebook. A lot better.
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