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Instagram is now worth 49 times what Facebook paid for it Instagram is now worth 49 times what Facebook paid for it
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Instagram is now worth 49 times what Facebook paid for it
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Old 22nd December 2014, 06:36   #1
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Default 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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