Imagine creating an application that the whole world is using, having a staff of 13 members, yet never making a single dime… then having your company valued at $500 million dollars. Ok, if that wasn’t amazing enough… think about that same situation, but having Facebook come along and offer you $1 BILLION for your company. It’s absolutely insane and phenomenal at the same time!
The animated image below gives a fun walk through of Instagram and how it because what it is today. If you missed the beginning, simply refresh the page. The key points are also listed below.
An Animated Look at the Billion Dollar Sale of Instagram
30 Million Users, 1 Billion Photos Uploaded
- New York Times in 116 years = Value of $967 Million
- Instagram in 551 days = Value of $1 Billion
- 13 Employees, $0 Revenue and Sold for $1 Billion
- Time to Reach 100,000,000 Photos Uploaded:
– Flicker 2 Years, Instagram 8 Months
Created by: Online MBA Programs
Navin Kunwar
April 19, 2012 at 2:24 am
the stats seems amazing, now it will rock more then before.