Instagram Reaches Pivot Point as Facebook is Handed the Reins
Last week, Instagram co-founders Kevin Systrom and Mike Krieger announced their plan to leave Instagram to “explore their curiosity and creativity again.” The social media company, acquired by Facebook in 2012 for $1 billion, is now worth $100 billion according to Bloomberg Intelligence analyst Jitendra Waral. Facebook’s market value today is $480 billion, emphasising how significant […]
