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Even in the rarified atmosphere that is Silicon Valley, the Instagram acquisition was unusual. Very much so. Acquired by Facebook just prior to their IPO. Lots
by rexreed 13y ago
Even in the rarified atmosphere that is Silicon Valley, the Instagram acquisition was unusual. Very much so. Acquired by Facebook just prior to their IPO. Lots of motivations for that, but by no means is Instagram an exemplar of anything. It's probably an outlier among outliers.
- vidar 13y agoThey were not about to ipo
- brimanning 13y agoNot sure if you meant Instagram was not about to IPO, but rexreed meant Facebook was about to IPO (acquisition: April 14th, 2012, IPO: May 18th, 2012).
- rexreed 13y agoExactly - Facebook was about to IPO and acquired Instagram pretty much right before it. Thanks for posting the dates to clarify.