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April 12, 2012 10:09 am PDT
Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/AV5sxDVXIoM/the-instagram-buyout-charts.html
The Instagram buyout: charts!
Andy Baio breaks down Facebook's $1bn buyout of tiny image-sharing competitor Instagram. It reveals much about the rationale behind what appears to be an inflated price: while the cost per employee acquired is high, the cost per user is surprisingly low. Instagram is, put simply, unbelievably successful. [Waxy]Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/AV5sxDVXIoM/the-instagram-buyout-charts.html
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