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Instagram Is Estimated to Be Worth More Than $100B

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141–150 of 394 posts

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

#141

I am quite privacy conscious. I have deleted my FB account. On principle, I dislike targeted ads, user tracking, etc. BUT, I hate to admit this, the ads I get in Instagram are the most relevant I have ever gotten. I actually look forward to them, to discover new products. They are perfectly tailored to me. Dammit.

I hate to admit as well, but yes I like ads that get shown in instagram too :(.

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

#142
post #74

Earlier quoted context omitted.

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…

The real reason behind the non-chronological feed is to keep you longer on the app. With a chronological feed, you remember where you left off, so when you scroll down to that point you know you’re all caught up and there isn’t more to see. With a non-chronological feed, you end up scrolling down way more by fear of missing out, giving them the opportunity to show you way more cancer aka ads.

Your cynical explanation doesn't fit with the actual behavior. They sort it so things they think you'll like most will be at the top, but once you've seen everything, they don't change the order it again. If you always scroll down to where you left off, you will always see everything, and there won't be older content mixed in with the stuff you're seeing now.

Given a set of ordered posts you might see ACDB, then when you check in next you'll see HFGEACDB whereas in a chronological timeline it'd end up at HGFEDCBA, but once you've seen that out of order "DCBA>ACDB" section it stays in that order.

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

#143
post #81
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…

Reading the discussion at the time there wasn't too much prediction required:

>A few days ago it was rumored to be valued at $500 million. A few months ago it was $300 million. Its last round — just a year ago — valued the company at $100 million.

It was already the hot thing when he bought it. (https://gigaom.com/2012/04/09/here-is-why-did-facebook-bough...)

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

#144

Earlier quoted context omitted.

I think it could have been the other way around. Media and folks could have compared the growth of Instagram, which would have been a competing product with Facebook, and it could have given good mileage to Instagram, especially after the privacy fiasco and hate towards Facebook, Instagram could have been positioned as a Facebook replacement and there by shooting up it's value further.

> Facebook replacement Instagram has always been supplementary to Facebook, it was never a candidate to replace it.

Yeah, I think given their UI/model it is pretty difficult to have any long form discussion on Instagram. The "news" part of the newsfeed as always been FB's killer app. Or at least that and event planning, though I think it's not impossible for Instagram to develop a product around that.

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

#145

Earlier quoted context omitted.

Instagram is basically Twitter where you have to post a photo. I agree that Instagram could not have grown to this size without being part of Facebook.

except twitter is so far left there back on the right lmao

What the hell does that mean?

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

#146
post #55

Earlier quoted context omitted.

> I have some adult friends spending 1 or 2 hours a day on Instagram. I can’t even imagine how much time millenials spend on it. Millenials are now all adults. :) A good chunk of the millennial generation is now in the child-having and house-buying (well, maybe not the later, too many avocados) stage of life!

An improved, AI-powered browser extension that correctly does the Snake People transform would be a sweet Show HN. "A good chunk of the snake people generation are in the egg-laying and burrow-buying (well, maybe not the latter, too many baby mice) stage of life!"

What?

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

#147
post #48

I'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.

I honestly feel stories are probably one of the biggest drivers of current growth. It's kind of cool to have a easy way to scroll through my friends and get an update of "oh, I guess Jeremy went on a hike; Monica is harvesting blackberries; etc"

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

#148
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.

> I envy those who never created a Facebook. what? is it some virus you can't cure from your mind now? just stop using it. I stopped about 6 years ago and have never missed it.

sigh One of these days.

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

#150
post #84

No wonder. Anecdotal of course, but I see my friends spending more time on instagram and people on the train or bus browsing instagram. I don't remember seeing FB on someone's mobile in the last 6 months. It will only grow bigger and at some point when it becomes too big, you see less friends posts and more advts and people move on to something else. But for next 2 years, Instagram's going to be Yuuuge.(Huge)

If you travel to other countries (for me, Thailand most recently) you'll see almost everyone on Facebook. Most small companies over there don't even have a website, just a FB page.

Yes, same thing in Mexico. Many companies only have a FB page.
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