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correct. Instagram is "worth" $1 Billion to Facebook, but it's worth $100 to a funeral home. But if you think about it, Instagram is worth way more than $1 bil
by jimmyvanhalen 15y ago
correct. Instagram is "worth" $1 Billion to Facebook, but it's worth $100 to a funeral home. But if you think about it, Instagram is worth way more than $1 billion to Google.
- PakG1 15y agoDon't be too sure. I'm sure there's some innovative funeral home that would be able to utilize Instagram to offer a way for mourners to document the mourning process and find closure, a way that would be worth much more than $100. Maybe not $1 billion, but more than $100 for sure. ;)
- jimmyvanhalen 15y agothat's a start-up right there. :)
- Tomis 15y agoInstadrama.
- deleted 15y ago[deleted]
- gyardley 15y agoIf Instagram was worth more than a billion to Google, yesterday's headlines would've been different. Perhaps Instagram should've been worth more than a billion to Google, but that's another discussion.
- cube13 15y agoIt's worth that only because Google can easily pay it. Google's net income was $9 billion in 2011(http://en.wikipedia.org/wiki/Google http://en.wikipedia.org/wiki/Google). According to Facebook's S-1 filing in February 2012, Facebook's net income for 2011 was... $1 billion(http://www.sec.gov/Archives/edgar/data/1326801/000119312512034517/d287954ds1.htm#toc287954_8 http://www.sec.gov/Archives/edgar/data/1326801/0001193125120...). The real question still remains: Why is Instagram worth that much to Facebook?
- oh_sigh 15y agoBecause of the huge user base! (Of course, 95% of instagram users are already on facebook, but imagine if instagram uploaded your photos by default to G+)
- manojlds 15y agoFB got Instagram before it could be worth more than $1B to Google.