Facebook's $1 billion acquisition of Instagram in 2012 is hailed as a watershed moment. At the time analysts called the…
By Barsee 🐶 · Business
Facebook's $1 billion acquisition of Instagram in 2012 is hailed as a watershed moment. At the time analysts called the $1 billion price tag for Instagram exorbitant. However, the photo and video-sharing app today commands a staggering valuation of $500 billion, proving Zuckerberg's strategic foresight and risk-taking.
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