You may have heard. Facebook acquired Instagram for some ridiculously large amount of money. But why? Instagram have never generated a penny (or cent) of revenue.
The return of the silly season?
You may have heard. Facebook acquired Instagram for some ridiculously large amount of money. But why? Instagram have never generated a penny (or cent) of revenue. This post suggests that the coming dominance of mobile internet access is the real reason behind this rather extravagant shopping spree.
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