This is totally NOT correct. When Facebook bought Instagram, Justin Bieber was already posting pictures there. I was already posting pictures there. My friends

This is totally NOT correct. When Facebook bought Instagram, Justin Bieber was already posting pictures there. I was already posting pictures there. My friends were already. It's not users, it's growth rate and engagement. And they were through the roofs. Also, thinking that Andreessen, Peter Thiel and Mark Zuckerberg just go and throw away $1B for the sake of it... it's nuts. Also, 30M MAU mostly in EU and US it's an extremely high number. For comparison, it has grown x20 in the last 5 years since the mentioned number has been reached. Approx. it kept its growth rate relative to scale, give or take a multiplier - depending on how you do the math. On another plan (not really related to the argument- but more as to what really made IG stand out), when almost identical services as you mentioned are similarly growing, the only difference is the endorsement behind closed doors. Instagram was endorsed by Adam D'angelo, Jack dorsey and Sequoia w $50M in its war chest