Instagram Is Estimated to Be Worth More Than $100B
71–80 of 394 posts
Re: Instagram Is Estimated to Be Worth More Than $100B
#72I've long had a theory (maybe it's not that revolutionary) that part of Instagram's success is it allowed people a free pass to be vain and show off-y. On Facebook, it was a bit stigmatized to post a picture of an expensive purchase, amazing house interior, fancy vacation, or workout picture of your physique. However, it's the entire point of Instagram. Couple that in with all the brands and other accounts of inspira…
tl;dr — Every successful social startup should bend, but not completely violate, one or more social taboos, e.g. one of the 7 deadly sins.
Edit: When designing www.fwdeveryone.com, we purposely incorporated Pav's theory by building the platform around the taboo of getting involved in other people's relationships, in this case by letting people read (and reply to) other people's email conversations.
Re: Instagram Is Estimated to Be Worth More Than $100B
#73I've long had a theory (maybe it's not that revolutionary) that part of Instagram's success is it allowed people a free pass to be vain and show off-y. On Facebook, it was a bit stigmatized to post a picture of an expensive purchase, amazing house interior, fancy vacation, or workout picture of your physique. However, it's the entire point of Instagram. Couple that in with all the brands and other accounts of inspira…
For me, it's loading up Instagram and seeing just a bunch of interesting photos. Minimal memes, no link shares, and it's rare a comments thread that devolves into insanity.
Re: Instagram Is Estimated to Be Worth More Than $100B
#74I've long had a theory (maybe it's not that revolutionary) that part of Instagram's success is it allowed people a free pass to be vain and show off-y. On Facebook, it was a bit stigmatized to post a picture of an expensive purchase, amazing house interior, fancy vacation, or workout picture of your physique. However, it's the entire point of Instagram. Couple that in with all the brands and other accounts of inspira…
For me, it's loading up Instagram and seeing just a bunch of interesting photos. Minimal memes, no link shares, and it's rare a comments thread that devolves into insanity.
Edit: All the points below are true too, of course. I do find myself subconsciously opening instagram a scary amount, so seems one reason to switch it up would be to always have fresh content. I do agree that once you get to where you last left off, you're likely to exit the app.
Re: Instagram Is Estimated to Be Worth More Than $100B
#75I remember the outrage when Zuckerberg bought Insta for $1bn. The Internet was filled with bubble-theorist. Say what you want about Zuckerberg but the guy was well ahead of his time and could see how things would evolve and what tick with people brains.
It's a shame he couldn't put that vision to a better use than advertising.
Re: Instagram Is Estimated to Be Worth More Than $100B
#76Too bad that "worth" doesn't come from anything. Oh no wait. User data. I can't wait for that to become an illegal trade.
Re: Instagram Is Estimated to Be Worth More Than $100B
#77Hell of an acquisition by Zuckerberg
I can remember how everybody was laughing about the acquisition: "Waaat? Billions for a chat app? hahaha" It's amazing how things are turning out.
To their credit, the app was extremely simple back then, today it has managed to add complexity without being so overwhelming(although Instagram TV adds more eyesore to the screen), slowly they copied good, proven features and blended well into the Facebook ecosystem.
Re: Instagram Is Estimated to Be Worth More Than $100B
#78Earlier quoted context omitted.
I wouldn't make the assumption that millenials spend significantly more than that on the app. It's certainly possible, I guess. But as I commute to work and back (hour by bus or train) - it's often 35+ aged people who have their eyes glued to instagram/facebook the entire length of the trip. EDIT: Data shows that you're probably right, and millenials spend more [time]( https://www.statista.com/statistics/267138/socia…
The other day in a plane, all the people next to me and in front of me were on FB/Insta before the flight. After landing, everybody turned off the flight mode and got back on FB/Insta!? The flight was 1-hour long.
Re: Instagram Is Estimated to Be Worth More Than $100B
#79I wonder about Instagram's success if they had decided to reject the Facebook acquisition. While there's no way to know who got the better end of the deal, it would be better for the tech ecosystem to have more large players and their success feels inevitable in hindsight.
Re: Instagram Is Estimated to Be Worth More Than $100B
#80Earlier quoted context omitted.
You do realize that Instagram has ads that companies pay money for right? That's where they make their money, when companies purchase ads on Instagram.
I think TheRealPomex' point was that the companies pay money for those ads because facebook has the user data to ensure the ads are appropriately targeted.