Hacker News new | past | comments | ask | show | jobs | submit login
Why Instagram is worth $1B to Facebook (cnn.com)
2 points by mikeleeorg on April 10, 2012 | hide | past | favorite | 1 comment



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.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: