3 ms·
They should have not sold to Facebook, they had cracked social on mobile. The introduction of video just proves this point even more, as they built out their fe
by nashequilibrium 13y ago
They should have not sold to Facebook, they had cracked social on mobile. The introduction of video just proves this point even more, as they built out their feature stack over the years, they would have slowly made facebook less relevant. Instagram is seen as cool on mobile as facebook was cool on the desktop. If Zuckerburg had started instagram, he would not have sold it.
- gfodor 13y agoA billion dollars is a fuckload of money.
- nashequilibrium 13y agoI would still settle for taking a company public. Also it was much less than a billion, but there was stock issued as well.
- spiek 13y agoAnd, IIRC, it was worth a whole heck of a lot less (like $300 mil less) because of the Facebook IPO disaster.
- gfodor 13y agoThe gift of hindsight. Either way they made a mint.
- gfodor 13y agoThe deal wasn't a billion dollars or take a company public. The deal was a billion dollars, keep building the product, or say no and prepare to compete head-on with Facebook in an all-out war. I don't think any sane person would have taken the latter.