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An interesting look into Facebook's (FB) $1B Instagram acquisition, which Mark Zuckerberg...

An interesting look into Facebook's (FB) $1B Instagram acquisition, which Mark Zuckerberg navigated in all of three days and which he failed to tell the Facebook board about until the day before the deal was announced. We give him 10 out of 10 for speed and enthusiasm, though it doesn't quite match the blue-chip image the company is trying to build pre-IPO. (see also)
Comments (2)
  • That's what happens when you have people unaccustomed to money do. Playing with money as if it's monopoly money. Can't wait till it goes public, then this boy will have to grow up quick.
    18 Apr 2012, 03:57 AM Reply Like
  • $100 billion dollar valuation and run like a pet project. Caveat Emptor.

     

    A $10 billion valuation would have made this company the Netscape of the current generation.
    18 Apr 2012, 09:22 AM Reply Like
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