Is This Instagrams Netflix Moment?

Just a day after Instagram announced its new privacy policy, users are outraged. Celebrities who once flocked to the photo-sharing site in droves are reconsidering how they use the service and competing services are experiencing a surge in new user signups.

SEE ALSO: Instagram Will Basically Sign Your Life Away

While user backlash against tech services is nothing new, it's stunning to observe the change of sentiment regarding Instagram in just 24 hours.

The last time I remember a company shifting so rapidly in the hearts and minds of users was when Netflix made a series of blunders that caused it to shed users and lose more than two-thirds of its stock value.

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