News and Articles About Instagram
The young startup has a small staff and no revenue, but Facebook's decision to buy is not just a blind gamble. Other venture capital firms will be looking to invest in similar companies.
With so many startups trying to follow in Facebook's -- and now Instagram's -- footsteps, they're forgetting one very important element: money.
Here's a quick history of the meteoric rise of the popular file-sharing app, which is being acquired by Facebook despite its absence of revenue.
The popular photo sharing app will likely be acquired for $1 billion, reports say.
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