Earlier quoted context omitted.
I heavily believe social networks will always be cyclical, as people always want excitement. A new social network launches, everyone gets excited for something new and different, it grows to the point where your grandma and your teachers or kids are on it too, you lose the excitement and start looking for the next "entertainment". The world is moving faster than ever with entertainment and attention spans. Facebook i…
You make it sound as if instagram is unrelated to facebook. Facebook owns them and they have so much money that they will buy the next thing and the one after that as well. Facebook, the company, will do just fine.
I was purely referring to the social networks. Who owns them is irrelevant for this point.