161–170 of 394 posts
I think I'm officially old now since I truly don't "get" Instagram or care to.
It's one thing to not want one yourself, but to be willfully ignorant about something so simple and publicly visible seems like an odd thing to feel the need to advertise.
The founders sold to FB for 3 billion. Makes you wonder what WhatsApp is worth to Facebook. If 3B then is worth 100B now to FB is WhatsApp worth 633B now? ((100/3) * 19)
The e2e crypto must really kill opportunities to sell data or push ads.
Edit: spelling
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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.
Well, I think FB has probably lost 100B in value, and as someone who stopped using FB this year because I dont enjoy it anymore- I moved to instagram and twitter. Mind you, 100B for an app that is filled with bots and corporate accounts makes me think whoever did the valuation has never actually used IG.
Well that's incorrect Facebook is only like $5 bucks per share off their all time high: https://finance.yahoo.com/quote/FB/
I don't have an instagram account and have 0 interest in getting one or ever posting anything to it.
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> 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…
You "feel sorry" for two people in their mid-twenties who made anywhere from $100M to $400M selling their 15 month old company (while making the other 11 employees rich along the way.) Ok. Beyond that, why do you assume the valuation would be exactly the same had they not sold to FB?
Having 11 people try to manage a site of that scale is just asking them to keep doggypaddling to avoid drowning.
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.
You are now a consumer. Welcome to the machine. Your primary function to society is to consume. Congratulations.
Obviously I'm looking at this wrong - it's clearly not an app for posting photos, because it sucks at that.
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.
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.
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It's a shame he couldn't put that vision to a better use than advertising.
Advertising is a very legitimate way of making money, lots of it. Now tracking people all over the web and other shady things, are a different story.
Yes, just not a way to make something that improves our lives.
Or even if you manage to make something that improves our lives, advertising is an incentive to pervert it and hold it back (e.g. you create a social network so people from all over the world can meet, then ads make you cripple it, force feed BS to them, milk them with spam, exploit their private data, and so on...)