website statistics

Your take on Getting a SmartWatch?

View Results

Loading ... Loading ...
1 Star2 Stars3 Stars4 Stars5 Stars (Rate This)
Loading...Loading...

The first reports suggested that the acquisition of Instagram by Facebook was a simple deal. Eventually, it was narrated that actually, Twitter was also very interested in acquiring the photo-sharing service. And now, a number of people close to the deal are suggesting that Instagram’s CEO Kevin Systrom kind of played a game between Twitter and Facebook to have his company valued more.


Between Facebook and Twitter, it is only natural the Systrom was naturally inclined towards Facebook. The social network is more close to the photo-sharing service in terms of vision alignment and also would have paid a better sum for the acquisition.

So apparently, Systrom led Twitter on, enticing it to make Instagram a deal of hundreds of millions of dollars for the acquisition. At the same time, Systrom also kept on garnering funding, thus giving an impression that he wanted to have all the options on the tablet – that of being acquired by Twitter and of staying independing.

However, in real, Systrom was inviting an acquisition tag from Twitter so that he can then argue with Facebook through that and get a better quote from Facebook. And that, so the reports would suggest, is what he pretty much did. While Twitter was ready to pay some hundred million dollars for Instagram, Systrom was able to persuade Zuckerberg to pay a whooping $1 billion for it.

Not only that, Facebook’s payment also comprises of a huge chunk of its shares which may value the deal well beyond $1 billion if Facebook’s public valuation turns out to be more than $75 billion, which seems quite possible.

Buy Cheapest Related Product From Amazon.com


China May Be Working On Establishing A Single National Computer Architecture

[Tutorial] How To Add A Translation Service In Microsoft Word 2010
You can also press the left/right arrow key on your keyboard to go to previous/next post
  On April 30, 2012(3 years, 3 months ago.)

You May Also Like:

Recent Products

Buy Now | Compare  
Buy Now | Compare  
Buy Now | Compare  
Buy Now | Compare  
Compare  

What Do You Think?

Loading Facebook Comments ...

FTC Disclosure: Some of the links of this website are "affiliate links." This means if you click on the link and purchase the item, we will receive an affiliate commission.


Recent Search

Recent Tutorials

With our partnership with Mode Media, we just got a jump start. Here is our first story of hand picked curated content on Android Tutorials.
Want to change theme on android ? We will show you how to change theme on android. It will makes your phone looks like new and smart.
You can record your screen on android very easily. No root Required. All you have to need a pc and USB cable. Let's find out.
A simple tutorial on how-to block a phone number on Android device, without an external app. Its pretty easy and straight-forward. Take a look.
Here we will show how to take Screenshot on your Apple Watch.
For too many people, the realization that they need to back up their photos and videos only comes when they misplace or break their smartphones and lose everything. Here we a report on possible solution and best tools.
Not sure if you are aware that your Wi-Fi Router Or Modem could be hacked too. Here we found a quick tips, how to check if your Router or Modem is hacked.
Our today’s tutorial is about how to change Font on Android.
Here is the tutorial about how to setup MMS on Android device.
In this tutorial I will show you how to enable Instant Upload inside your Google+ app on Android, so that you can sync your photos and videos with Google+ instantly.
Close You Have To Login
User:
Pass:
Login With »Login With TwitterLogin With Facebook