Instagram is now worth 49 times what Facebook paid for it Many baulked when Facebook head Mark Zuckerberg agreed to drop $1 billion on Instagram in April 2012. "That's $33 per user," said some; "there's no business model!" screamed others. Less than three years later and Citigroup now says Instagram is wort... http://www.engadget.com/2014/12/19/i...=rss_truncated |
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