What if Mark Zuckerberg had not bought Instagram & WhatsApp?

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In 2012, when Facebook CEO Mark Zuckerberg cut a $1 billion check to buy the photo-sharing app Instagram, most people thought he had lost his marbles.

“A billion dollars of money?” joked Jon Stewart, then host of “The Daily Show.” “For a thing that kind of ruins your pictures?” Stewart called the decision “really lame”. His audience – and much of the rest of the world – agreed that Zuckerberg had overpaid for an app that highlighted a bunch of photo filters.

Two years later, Zuckerberg opened his wallet again when Facebook agreed to buy WhatsApp for…



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What if Mark Zuckerberg had not bought Instagram & WhatsApp?


In 2012, when Facebook CEO Mark Zuckerberg cut a $1 billion check to buy the photo-sharing app Instagram, most people thought he had lost his marbles.

“A billion dollars of money?” joked Jon Stewart, then host of “The Daily Show.” “For a thing that kind of ruins your pictures?” Stewart called the decision “really lame”. His audience – and much of the rest of the world – agreed that Zuckerberg had overpaid for an app that highlighted a bunch of photo filters.

Two years later, Zuckerberg opened his wallet again when Facebook agreed to buy WhatsApp for…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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