Acquiring Instagram; Facebook’s most brilliant acquisition
IN April 2012, Facebook CEO Mark Zuckerberg did the unthinkable. With the company about to begin its IPO roadshow, Zuckerberg made a surprise acquisition of a 2-year old photosharing app called Instagram. What’s more, According to TOI, Zuckerberg shelled out $1 billion for an app that had 13 employees, zero revenue, and which most of […]
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