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Rain

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I haven't researched all the details regarding Facebook's purchase of Instagram a while back, but I do know that Instagram did not have revenue, did not have a plan to generate revenue, and that Facebook paid $1 billion for it nonetheless. I also understand that it's quite a task to get ~30 million people to download your app, even if it's free. And I know it's a little late and doesn't really matter anymore, but...

I think Facebook could have easily thrown $100 million at the founders--and they would have sold.

Thoughts?
 
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With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

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  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

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