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I had been wondering how a product like Instagram would ever make money. Now we'll never find out. I guess traction really does trump all other business metri

• mariorz 15y ago
  path seems to be experimenting with in-app purchases for additional photo filters.
• itg 15y ago
  It's beginning to remind me of the late 90's where the only thing that mattered was number of "eyeballs" on your site, sound business plans/profits be damned.
  • rbranson 15y ago
    The difference being that the burn rate of these companies is minuscule compared to what was going on the late 90s. They built a 30 million user social network with 5 engineers. This changes the dynamic tremendously.