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Everything about the Instagram acquisition was brilliant. Reminder that neither Instagram nor Facebook was making a profit at the time, and Instagram's $1B pric
by winenbug 6y ago
Everything about the Instagram acquisition was brilliant. Reminder that neither Instagram nor Facebook was making a profit at the time, and Instagram's $1B price tag was both very high at the time and minuscule in hindsight. 8 years later, Instagram is the platform that allows Facebook to still be mega successful.