here's a Techcrunch article from the time: https://techcrunch.com/2012/04/09/facebook-to-acquire-instagram-for-1-billion/ https://techcrunch.com/2012/04/09/face

here's a Techcrunch article from the time: https://techcrunch.com/2012/04/09/facebook-to-acquire-instagram-for-1-billion/ https://techcrunch.com/2012/04/09/facebook-to-acquire-instag... > Last year, documents for a standalone Facebook mobile photo sharing app were attained by TechCrunch. Now it seems Facebook would rather buy Instagram which comes with a built-in community of photographers and photo lovers, while simultaneously squashing a threat to its dominance in photo sharing.