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They probably did to protect themselves... instagram was growing like crazy, last thing FB needs is another giant network to share people with.
by benologist 15y ago
They probably did to protect themselves... instagram was growing like crazy, last thing FB needs is another giant network to share people with.
- tptacek 15y agoThat's my thought too. Instagram has a plausible claim on all mobile photo sharing, and there's a strain of thought that suggests that 80% of the value of Facebook is photo sharing. Instagram might be a bit too much of a free radical for Facebook to let float around the market.
- marcamillion 15y agoOr even worse...end up in Google, Apple, MSFT, Amazon, or anyone else's hands. This was purely defense just like YouTube, and Diapers.com & Zappos for Amazon. Brilliant move all-around. In a few years, this price will seem like a steal...much like the $1B that Yahoo proposed for FB a few years ago seems laughable now.
- porterhaney 15y agoThat would mean the likes of pinterest would be next.
- fizx 15y agoUnlike Instagram and Facebook, people on pinterest don't take their own pictures.