Facebook buys Instagram: A picture says a billion dollars

Mark Zuckerberg just announced the acquisition of Instagram for a cool billion – another example of the appeal of images to document your life.

image

A picture says more than a thousand words. Something in the neighborhood of a billion dollars, to be precise.

Not bad for a company that was founded two.years ago.

I just finished reading “the start-up of you”. Written by linkedin founder Reid Hoffman and Ben Casnocha, the story perfectly fits the trifecta of timing, competitive advantage and
ability to adapt quickly.

Get the picture?

Sounds like Pinterest is next. Zoom in and imagine.

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