Just when I though I could get away from Facebook, they’re buying up Instagram, my photo sharing network and app of choice. Knowing them, they’ll probably claim the pictures (and everything else) you post are not yours. So I just might have to switch. And soon. Path?
On other hand, I’m happy for the founders of Instagram. From a valuation of $100M, then $500M, and now $1B in a matter of months. For sure the recent availability of the Android version of the app pushed the valuation up. That alone has the potential to almost instantly double it’s current user level of 30M. Not bad. Not bad at all.