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June 26, 2018 04:35 pm GMT
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Original Link: http://feeds.mashable.com/~r/mashable/tech/~3/b7ff_w9eWtM/
Instagram is worth $100 billion, and life is meaningless
LOL remember when we all thought Facebook's 2012 acquisition of Instagram for $1 billion was bananas? LMAO! Now Instagram is worth $100 billion! Ha ha ha!!
An analyst published the estimate for Bloomberg Intelligence on Monday. That's a...wait for it...100-fold return on Facebook's investment in the little photo sharing app with the square pics and some color filters. Turns out you can put a (very high) price on being cool.
Here's some more fun: Instagram will likely hit 2 billion users over the next five years. Monetized content for all! Read more...
More about Facebook, Instagram, Snapchat, Mark Zuckerberg, and TechOriginal Link: http://feeds.mashable.com/~r/mashable/tech/~3/b7ff_w9eWtM/
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