Instagram Has Been Bought By Facebook... Good Or Bad?

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Instagram Has been bought by facebook... Do you think this is good or bad?

Mark Zuckerberg posted on his facebook account:
"I'm excited to share the news that we've agreed to acquire Instagram and that their talented team will be joining Facebook.

For years, we've focused on building the best experience for sharing photos with your friends and family. Now, we'll be able to work even more closely with the Instagram team to also offer the best experiences for sharing beautiful mobile photos with people based on your interests.

We believe these are different experiences that complement each other. But in order to do this well, we need to be mindful about keeping and building on Instagram's strengths and features rather than just trying to integrate everything into Facebook.

That's why we're committed to building and growing Instagram independently. Millions of people around the world love the Instagram app and the brand associated with it, and our goal is to help spread this app and brand to even more people.

We think the fact that Instagram is connected to other services beyond Facebook is an important part of the experience. We plan on keeping features like the ability to post to other social networks, the ability to not share your Instagrams on Facebook if you want, and the ability to have followers and follow people separately from your friends on Facebook.

These and many other features are important parts of the Instagram experience and we understand that. We will try to learn from Instagram's experience to build similar features into our other products. At the same time, we will try to help Instagram continue to grow by using Facebook's strong engineering team and infrastructure.

This is an important milestone for Facebook because it's the first time we've ever acquired a product and company with so many users. We don't plan on doing many more of these, if any at all. But providing the best photo sharing experience is one reason why so many people love Facebook and we knew it would be worth bringing these two companies together.

We're looking forward to working with the Instagram team and to all of the great new experiences we're going to be able to build together."

Do you like the fact that instagram has been bought by facebook?
#bad #bought #facebook #good #instagram
  • Says a lot for their advancement into the mobile sector...
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  • Profile picture of the author lotsofsnow
    well, the price tag was $1 billion

    "Facebook will never make that $1 billion back, but it's still smart," says Patrick Moorhead, principal analyst at Moor Insights & Strategy, who deemed the move "defensive."
    Via Facebook acquires Instagram in $1 billion deal

    What exactly is smart about wasting $1 billion???

    Especially if you own Facebook and can get that thing build for a few dollars?
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  • Profile picture of the author Benjamin Tork
    1Billion is a lot, but am sure it will be a great asset for Facebook. One of facebook's biggest draws is it's picture/sharing which is exactly what Instagram is great at.
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  • Profile picture of the author sbucciarel
    Banned
    We've been discussing it in another thread

    http://www.warriorforum.com/main-int...ash-stock.html
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