that $1 billion they spent on instagram is going to payoff big time. Very similar to Google buying youtube many years ago. I use both FB and Twitter. Funny thing is almost every post on Twitter is someone posting a link to their Instagram photos or videos. Seems like Twitter is actually helping FB a ton in that regard.
Will be interested to see when they try to monetize the service. I would expect we will hear something in the next few quarters about their plans
Quote from a twitter user.
"Facebook has hashtags now Instagram has video Why can't you all just be original & specialize in what you were made for?! I'd like you more"
FB fail, struggling to remain relevant. Stop lying to yourself. This quote sums up how people REALLY FEEL. Users who have no financial investment and use both platforms. Instagram is something FB could have easily done in house. Zuck just paying his buddy boatloads of money for nothing. And I thought it was 100 mill.