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Ancient Guru
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Facebook's USD 1 Billion Investment -
04-10-2012, 02:00
| posts: 6,380
It is all over the web that Facebook as accuired Instagram for $1 Billion Below is one of the reason for Instagram's popularity: Instagram is a mobile-only photo-sharing app.It grew from 1 million...
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Ancient Guru
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04-10-2012, 02:30
| posts: 6,374 | Location: Above Earth in a Big Rocket Ship
This whole facebook/web 2.0 bubble is going to pop eventually. How much as instagram generated in revenue? A whole zero dollars? Yet the company is valued more than the New York Times? Give me a break.
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Ancient Guru
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04-10-2012, 02:44
| posts: 13,630 | Location: US East Coast
Unfortunately, as we both know, value isn't dependent on how much a company actually makes.....otherwise Apple, Facebook, Google, etc wouldn't be worth anywhere near what they're valued at....
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Ancient Guru
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04-10-2012, 06:10
| posts: 9,568 | Location: Leeds [UK]
Quote:
Originally Posted by Denial
This whole facebook/web 2.0 bubble is going to pop eventually. How much as instagram generated in revenue? A whole zero dollars? Yet the company is valued more than the New York Times? Give me a break.
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"I understand Instagram has 13 employees - so at $77m a head that makes it the most expensive business deal in history that I can think of."
http://www.bbc.co.uk/news/technology-17658264
Someone did well in the deal! Let's hope the employees all owned shares.
I personally can't see the point in an App that makes your photos look ****, but whatever.
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Master Guru
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04-10-2012, 06:19
| posts: 528
Quote:
Originally Posted by sykozis
Unfortunately, as we both know, value isn't dependent on how much a company actually makes.....otherwise Apple, Facebook, Google, etc wouldn't be worth anywhere near what they're valued at....
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Uhm... Apple and Google make buckets and truckloads of money.
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Ancient Guru
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04-10-2012, 07:38
| posts: 6,201 | Location: Portland, Oregon
instacrap.
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Ancient Guru
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04-11-2012, 06:02
| posts: 13,630 | Location: US East Coast
Quote:
Originally Posted by SamW
Uhm... Apple and Google make buckets and truckloads of money.
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Apple has not made $500 billion dollars.....their net worth (just over 1/2 trillion USD) is based on their stock. Apple actually has less in cash than Bill Gates spent last year.....at least according to the last article I read on Apple's market value.
Google is in the same position. Their stock is valued higher than the balance of their bank account.
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Master Guru
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04-11-2012, 13:04
| posts: 675 | Location: Somewhere in Scotland
Will any Samsung Galaxy 4S owners be able to do this with their super AMOLED screens?
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Master Guru
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04-11-2012, 13:14
| posts: 463 | Location: Denmark
Quote:
Originally Posted by FULMTL
instacrap.
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I agree to this!
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