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So Instagram was about as valuable as Ducati (sold to Audi recently for 1.1B)? Yeah right.
by kirpekar 14y ago
So Instagram was about as valuable as Ducati (sold to Audi recently for 1.1B)?
Yeah right.
- lbrandy 14y agoI can't believe in 2012 the #1 comment on a topic like this is comparing the valuation of a tech startup to an established brand in a completely different industry, and then appealing to the crowd's incredulity. Have we not yet learned how terrible this particular argument is, has been, and will continue to be?
- kirpekar 14y agoPerhaps you can elaborate why this is a terrible argument?
- goatforce5 14y agoI guess Facebook wanted a hot photo sharing app almost as much as Audi wanted Ducati. What if someone else (eg, Google) had offered $900m for Instagram? Was Facebook still wrong to pay $1bn?