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Isn't this confusing the point a little. There have been lots of talent acquisitions, but I'm not sure how you'd classify Instagram as one. For example it's be
by rythie 14y ago
Isn't this confusing the point a little. There have been lots of talent acquisitions, but I'm not sure how you'd classify Instagram as one.
For example it's been 7 months since Facebook took over and its still going, also they seem committed to keeping it going. Instagram was the most likely of Facebook's 1000s of competitors to actually grow big and disrupt the market. If they hadn't bought it Google would have bought them - since they desperately want a social network that has product/market fit.
- j2labs 14y agoWell, my point was about how economic value is relative, which elaborates on Chris's point. I agree, it's not the same as Chris's point.