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Erin Resso 1
Yay! Even more of our (willingly provided) personal data for sale come IPO time!
Posted by Erin Resso http://deejayres.tumblr.com on April 9, 2012 at 10:18 AM · Report this
2
Facebook is dead. Its buying patents and customers with all that sweet cash-on-hand.

See also: AOLs deal with Microsoft:
http://www.reuters.com/article/2012/04/0…
Posted by six shooter on April 9, 2012 at 10:24 AM · Report this
3
I think that's about 950 million too much. That works out to $37 a user, most of whom are probably on Facebook anyway. I don't really get Instagram, and I get this even less.
Posted by arbeck http://www.facebook.com/arbeck on April 9, 2012 at 10:27 AM · Report this
sirkowski 4
Now even your mom can be a hipster.
Posted by sirkowski http://www.missdynamite.com on April 9, 2012 at 10:29 AM · Report this
5
If you are a company that is not yet publicly traded but soon will be and you want to lock in a valuation on your stock in the minds of 'investors', one way of doing that is to acquire another company, pay for it mostly with stock, and announce a huge value for the company that you're acquiring. It may not be Instagram that is being overvalued in this deal, it's just as likely to be an overvaluation on Facebook itself.
Posted by Asdfgh on April 9, 2012 at 10:41 AM · Report this
GlamB0t 6
I just started using instagram over the weekend and liked it. It's like Twitter for pictures but the simplicity of the app makes it very fun and more engaging than Twitter.

I don't have a FB account and will no longer be using it after this acquisition.
Posted by GlamB0t on April 9, 2012 at 10:43 AM · Report this
Fifty-Two-Eighty 7
I don't get Instagram either, but then I'm not in the iPhone cult. Whatever, it's their money.
Posted by Fifty-Two-Eighty http://www.nra.org on April 9, 2012 at 10:44 AM · Report this
mkyorai 8
@5- Good call. Not that I think Facebook isn't entirely capable of making poor business decisions -Timeline, anyone?- but this somehow makes more sense from a further-enrich-Mark-Zuckerberg perspective.
Posted by mkyorai on April 9, 2012 at 10:45 AM · Report this
SPG 9
Instagram is (and hopefully not was) really cool. Think of it this way...filter out all the crap from Facebook and make it way more fun. The barrier to posting on Instagram is higher in that you need a photo, so all the mindless twitter and passive aggressive whining is much harder to do in Instagram. I prefer Instagram over Facebook and given a time constraint will always choose to check Instagram over Facebook.
I'm sure that Facebook will find a way to fuck it up though...
Posted by SPG on April 9, 2012 at 11:08 AM · Report this
Urgutha Forka 10
Instagram? I've never heard of it.
Posted by Urgutha Forka on April 9, 2012 at 11:22 AM · Report this
Supreme Ruler Of The Universe 11

Sometimes I think they do these ridiculous deals just to make any rational, talented or creative person want to give up, bang their head against the wall, cut off their ear and skydive off a bridge.

Keeps the competition at bay.
Posted by Supreme Ruler Of The Universe http://www.you-read-it-here-first.com on April 9, 2012 at 11:32 AM · Report this
12
crappy layer effects on top of boring photographs are never, ever going to go away.

And don't forget square-cropping. I have no idea why it bugs me so much, but it does.
Posted by robotslave on April 9, 2012 at 11:44 AM · Report this
Will in Seattle 13
Everyone I know is on SpinnifyThis. You need to be in the alpha program, but it's where all the cool graphix geex hang.
Posted by Will in Seattle http://www.facebook.com/WillSeattle on April 9, 2012 at 11:48 AM · Report this
mkyorai 14
@13 Thank good Will is here to tell us where the cool kids hang out. If more people had first heard of Facebook through WiS, MySpace might have survived.
Posted by mkyorai on April 9, 2012 at 12:57 PM · Report this
Karlheinz Arschbomber 15
Nah, the cool (and technically most advanced) one of these photo sharing is Tadaa.
Posted by Karlheinz Arschbomber http://de.wikipedia.org/wiki/Arschbombe on April 9, 2012 at 8:38 PM · Report this

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