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Instagram Is Estimated to Be Worth More Than $100B

bloomberg.com

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

#181

Post by xkjkls »

imsofuture wrote: post #122
tspike wrote: post #98

Earlier quoted context omitted.

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

This is a pretty narrow Instagram experience. I follow my actual friends who post random things from their life, and then people from a few different hobbies. Except for watch people, none of it is carefully curated 'look at me' experiences. Watch people are another stripe though.... $20k on the wrist, $200k steering wheel.

I mean the only other point of buying a Patek other than showing it off is to keep it as something to give away to your unappreciative son

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

#182

Post by css »

Alex3917 wrote: post #72
admn2 wrote: 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…

http://charlescosta.net/2014/04/how-the-seven-deadly-sins-dr... 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…

While I think I agree with the premise of this article, these examples seriously undermine the argument. WhatApp because of greed? Spotify because of gluttony? Spell check because of sloth? This seems like an awfully long stretch.

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

#183

Post by matte_black »

tspike wrote: post #98
matte_black wrote: post #61

Earlier quoted context omitted.

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.

You want to know what’s depressing?

A follower with a terminal illness wrote a heartfelt letter to a popular Instagram influencer that they followed and whose photos they enjoyed. When they passed away, the letter was sent on their behalf to the influencer.

When the influencer received the letter, they quickly skimmed through it, said “Cool” and tossed it in the trash with some other junk mail.

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

#184

Post by Alex3917 »

css wrote: post #182
Alex3917 wrote: post #72

Earlier quoted context omitted.

http://charlescosta.net/2014/04/how-the-seven-deadly-sins-dr... 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…

While I think I agree with the premise of this article, these examples seriously undermine the argument. WhatApp because of greed? Spotify because of gluttony? Spell check because of sloth? This seems like an awfully long stretch.

The list in the middle of the article (Applications of the formula) is the original list from John Pavley's talk, the ones at the end are just the author of the blog post trying to give his own examples. But yeah I agree about WhatsApp, that's not a very good example. And MS Word isn't really social software.

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

#186

Post by egjerlow »

lowq wrote: post #148
artursapek wrote: post #132

Earlier quoted context omitted.

> 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.

A starting point (at least it was for me) might be to unfollow (not unfriend) everyone. That way, your feed is empty and you'll get bored opening facebook after a while. You'll still get event invites and direct messages, so you're missing very little of substance.

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

#188

Post by thanatropism »

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.

To be fair, the whole thing could still prove to be the mother of all bubbles.

For one: we still don't really really understand network effects. There's huge value to being Facebook (you're forced to be there because all your friends are there and most nowhere else), but people also switch platforms for reasons that are not excellently understood. And when I say bubble I don't mean this or that company -- Silly Valley big money is basically all bet on network effects.

(I.e. Instagram is worth $100B under the premise that I can't build an Instagram killer (that actually kills it) in a short period of time. And jeez, it's not fundamentally different from Geocities + Frontpage, just has better UX)

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

#190

Post by txcwpalpha »

alextheghost wrote: post #179
nmeofthestate wrote: post #167

I simply do not understand the attraction of Instagram. My brother posts photos on it, and the quality of the pictures is rubbish. They're small, with compression artifacts. The app itself doesn't even let you pinch to zoom without snapping back when you let go (fair enough given how low resolution the pictures are). Obviously I'm looking at this wrong - it's clearly not an app for posting photos, because it sucks at…

Clearly you missed the whole point of the app, which is not about posting pictures with perfect quality.

To expand, the fact that the pictures are imperfect quality pretty much is the whole point. The inability to really zoom in, all of the filters that adjust the hue/sharpness, etc are all things that help you hide away imperfections in your photo and draw attention to the broader gist of "look at what I'm eating/where I'm traveling/what I'm doing/how pretty I am!"

The point of Instagram isn't to be able to see the wrinkles in that model's face. The point of Instagram is that you can't see the wrinkles in that model's face.

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