Facebook Pays $1 Billion For Instagram
In advance of its initial public offering, Facebook has purchased the two-year-old photo-sharing website Instagram. What do you think?
“And I thought there was nothing that could make the Facebook IPO more exciting.”
Ann Barnett –
“Great, another app I won’t have a chance to try because its acquisition by Facebook makes it too passé.”
Albert Moore –
“I wish I could make big business decisions like that. All I can buy for my company is stupid little cupcakes. And I already ate those.”
Michael Cubiero –