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Facebook, Inc. (FB) Message Board

  • amat_toast amat_toast Aug 11, 2013 3:28 PM Flag

    Instagram: This chart is astonishing

    Words can't do this justice. FB purchase on Instagram is not mentioned much. It should be.

    http://www.businessinsider.com/chart-of-the-day-instagram-growth-2013-6

    Sentiment: Buy

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    • 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

      Sentiment: Strong Buy

 
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94.01-1.20(-1.26%)Jul 31 4:00 PMEDT