We all remember how Facebook acquired Instagram for a whole billion of Dollars. An incredible amount for a Internet Service at the time it happened. Of course the event was debated controversial. Still, it is one of the biggest success stories of Big Tech.
Instagram is a photo service in a sea of other photo services. Photography has been around on the web in meaningful ways for a long time. Flickr lost out to Facebook in the community stakes, and Instagram is doing great in whatever-the-fuck market it’s in (the share-to-my-twitter-followers market?), but this is not Google acquiring YouTube.Hacker News Summary of the Facebook acquisition of Instagram.
Bookmark this comment. See you in 2022.
Well, here we are. Ten years later, in 2022. That didn’t age well.