Posts Tagged “Business”
All the Silicon Valley capitalists have restarted working on the potential of young and small companies after Facebook’s acquisition of 13 person startup Instagram for 1 Billion USD. As I said in my last post that Instagram’s sale out with such a huge amount was big news for everyone, it had a great impact over [...]
Facebook’s purchase of Instagram was big news for me, in fact for all of us. The bigger was the price which Facebook shelled out to buy Instagram. It is a small company run by 13 employees and Facebook paid 1 Billion USD for that. However the amount covers the company as well as the employees.