Public Notes
on
histre
Instagram’s Buyout: No Bubble to See Here
www.wired.com
"To put the acquisition in perspective I pulled together data from a selection of 30 notable internet acquisitions over the last 10 years, from Broadcast.com to OMGPop to see if Facebook/Instagram for $1 billion was as crazy as everyone thinks. (I left out companies without public purchase prices or user stats.)"
He even uses companies like Zappos and Skype...you know...companies with actual revenue models and/or profitability. LOL.
#disingenuous #lies #statistics #bullshit #social #media #web2.0 #bubble #public #stocks #instagram #Facebook #acquisition #pub
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Seeing the bubble of a community. Thread filled with people talking about the grading scale, hype, need of good reviews for gaming as if it's unique to the industry. As if movies, music, and to a lesser extent, TV and books, even app stores don't have similar issues.
#bubble #circlejerk #pub
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