Facebook acquires Instagram • Hacker News Board

Re: Facebook acquires Instagram

#11

Post by [deleted] » Mon, Apr 09, 2012, 5:07 PM UTC

[deleted]

Re: Facebook acquires Instagram

#12

Post by jakelear » Mon, Apr 09, 2012, 5:08 PM UTC

This is a smart move by Facebook. I'm almost surprised to see them acknowledge in the initial announcement that they'll retain the ability for Instagram to interact with other social networks, although I'll be interested to see how thoroughly those features are supported as Facebook takes the reigns.

Re: Facebook acquires Instagram

#13

Post by teoruiz » Mon, Apr 09, 2012, 5:08 PM UTC

It doesn't say but any wild guess on how much did Facebook pay?

Re: Facebook acquires Instagram

#14

Post by op_amp » Mon, Apr 09, 2012, 5:08 PM UTC

brlewis wrote: post #5

I think it's cool and bold that he's sharing specific features of Instagram that they plan to preserve. It's bold because it increases the PR cost of changing those plans.

"we're committed to building and growing Instagram independently. Millions of people around the world love the Instagram app and the brand associated with it, and our goal is to help spread this app and brand to even more people"

Re: Facebook acquires Instagram

#15

Post by dreamdu5t » Mon, Apr 09, 2012, 5:08 PM UTC

Why did Facebook buy Instagram if they aren't going to require FB integration and allow you to post to other networks? Is it purely about traffic now?

Re: Facebook acquires Instagram

#16

Post by statictype » Mon, Apr 09, 2012, 5:08 PM UTC

How many photo-related startups has Facebook acquired now?

And what do they gain from Instagram?

A user base? Most of them are probably already on Facebook?

Technology for handling photos? Doesn't Facebook already do this as well as anyone else?

Design and UI talent for mobile apps? Don't they already have Mike Matas?

Re: Facebook acquires Instagram

#17

Post by cmer » Mon, Apr 09, 2012, 5:08 PM UTC

According to Crunchbase and Techcrunch, they raised $40M just a month ago at a $500M valuation. Something doesn't add up here. A billion dollar deal like this had to take more than a couple of weeks to close...

http://techcrunch.com/2012/03/08/no-filter-required-instagra...

Re: Facebook acquires Instagram

#18

Post by kylec » Mon, Apr 09, 2012, 5:09 PM UTC

Some of you might find this useful:

https://instagram.com/accounts/remove/request/

Re: Facebook acquires Instagram

#19

Post by goronbjorn » Mon, Apr 09, 2012, 5:09 PM UTC

Instagram is such a great experience for a number of reasons, but one of them is the separate network it provides from Facebook. Maybe I'm in the minority, but my Facebook network is substantially different from my Instagram network. /:

I hope Facebook is careful with this one…

Re: Facebook acquires Instagram

#20

Post by rcchen » Mon, Apr 09, 2012, 5:09 PM UTC

Anyone else think that the proximity of the announcement of Instagram for Android last week to today's acquisition was not a coincidence?