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Instagram Is Estimated to Be Worth More Than $100B

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Re: Instagram Is Estimated to Be Worth More Than $100B

#91

Post by obelix_ »

csomar wrote: post #60

I 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.

Give it some time.

Kim Kardashian has a 110 million followers. After the Russians (or whoever...maybe just that "400 pound dude in the basement") get her to become the next president I am waiting to see what boywonder shows up and says to Congress.

We know what he and his exec staff thought about fake news before the election. Now who here thinks fake imagery is not a thing? Just take a look at the content produced by the top 100 accounts.

There is going to be a special place in history for the damage boywonder has done. People will have to invent new terms to describe it. Nothing like it has happened ever before.

Re: Instagram Is Estimated to Be Worth More Than $100B

#92

Post by dmitriid »

admn2 wrote: post #74
ceejayoz wrote: post #64

Earlier quoted context omitted.

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.

Yeah, which is another reason they got rid of the chronological timeline. People were opening the app so often and frequently, they had to ensure fresh content. This way they can track which photos you've seen, and make sure to float to the top ones you missed. 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 woul…

If only it worked how you describe.

Re: Instagram Is Estimated to Be Worth More Than $100B

#93

Post by txcwpalpha »

seanalltogether wrote: post #90
txcwpalpha wrote: post #16

Earlier quoted context omitted.

I wouldn't be surprised to see Instagram go the way of Twitter once more attention starts being called to the number of bots on IG. One of the big "value propositions" for IG is the advertising potential through influencers, but go to any influencer profile and you'll see that a significant portion of their followers are just paid bots. The "1 billion active accounts" number smells fishy to me. I have a few friends t…

If it's an open secret then the advertisers will adjust for it. Radio and tv stations have been working with fuzzy audience numbers for years and advertisers go along with it.

I'm pretty sure most advertisers already do adjust for it, because they know how big of a problem it is. But that's not what I meant to focus on.

What I'm trying to say is that, like Twitter, IG will probably start to lose a lot of public respect and valuation if they keep boasting "we have 1 billion active users!" once the general public starts to get wind of the fact that the 1 billion number is bullshit.

Re: Instagram Is Estimated to Be Worth More Than $100B

#94

Post by tardo99 »

The thing I wonder is whether some of this value is coming at the expense of people reading books. My guess is there's a significant overlap in the demographics. Which is too bad, because I view books as a positive for society while Instagram really seems to be a big net negative.

Re: Instagram Is Estimated to Be Worth More Than $100B

#95

Post by exhilaration »

394549 wrote: post #81
csomar wrote: post #60

I 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.

> 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. Did he really predict that, or did he just see an upcoming potential competitive threat and buy it? I feel bad for the founders of Instagram. They could have been the next Zuckerberg(s) (as Instagram seems to be taking over as Facebook seems to be starting to fade), but i…

> I feel bad for the founders of Instagram. They could have been the next Zuckerberg

Like Snapchat, you mean? The risk is that, failing to acquire Instagram, Facebook could have built a clone and turned their massive user base to it. Instagram could have been in a distant third place. We'll never know.

Re: Instagram Is Estimated to Be Worth More Than $100B

#96

Post by tgragnato »

whitepoplar wrote: post #35
whitepoplar wrote: post #19

Earlier quoted context omitted.

It's exploding because apart from being a really good product, they made the UX super, super simple. With just enough little nuggets of complexity to make it feel whole.

On another note, what do you call this phenomenon, when something is super simple, but you can just tell how much work went into it? iA Writer, Instagram, Dropbox, iPhone, a great chair...they feel expensive, regardless of price.

Minimalism / “less is more” ?

Re: Instagram Is Estimated to Be Worth More Than $100B

#97

Post by shubhamjain »

Facebook (the company) is in for the long haul and this is a perfect example of it. It's insane how Zuckerberg has managed to establish the company so well in a segment (social media) that is so susceptible to fads. Facebook.com's usage could very well plateau, but the company has Instagram, WhatsApp, and some bets that are yet to play out (Oculus VR). Zuckerberg isn't lucky here, he just has incredible insight about what matters in the social media business and what he has to do get there.

Re: Instagram Is Estimated to Be Worth More Than $100B

#98

Post by tspike »

matte_black wrote: post #61
lowq wrote: post #47

Earlier quoted context omitted.

Millennial here, deleted my account a few days ago. Unlike most platforms, Instagram cuts strait to the most depressing part: pictures. I've had enough with social media, and I envy those who never created a Facebook.

If pictures are depressing you you might be following the wrong people.

To me, what's depressing is the amount of energy people spend proving their experiences were so amazing versus actually experiencing them.

Re: Instagram Is Estimated to Be Worth More Than $100B

#99

Post by csomar »

394549 wrote: post #81
csomar wrote: post #60

I 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.

> 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. Did he really predict that, or did he just see an upcoming potential competitive threat and buy it? I feel bad for the founders of Instagram. They could have been the next Zuckerberg(s) (as Instagram seems to be taking over as Facebook seems to be starting to fade), but i…

> I feel bad for the founders of Instagram.

That's like feeling bad for someone who sold bitcoins at $10. The company they sold was worth $1bn (to Facebook) at the time. It was not worth $100bn.

Re: Instagram Is Estimated to Be Worth More Than $100B

#100

Post by johnchristopher »

obelix_ wrote: post #91
csomar wrote: post #60

I 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.

Give it some time. Kim Kardashian has a 110 million followers. After the Russians (or whoever...maybe just that "400 pound dude in the basement") get her to become the next president I am waiting to see what boywonder shows up and says to Congress. We know what he and his exec staff thought about fake news before the election. Now who here thinks fake imagery is not a thing? Just take a look at the content produced b…

The new term will be `zuckerbergism` if the whole thing can be pinpointed to him but I'd bet it's going to be something along the lines of `the social age`.
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