11 Ekim 2012 Perşembe

Facebook buys Instagram

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Oh sweet irony - Kodak files for bankruptcy in January, and Instagram is bought for a billion dollars in April. I know their businesses aren't the same, but it is still an interesting statement on old world vs. new world (I'm pretty sure Instagram isn't even two years old).

I can see a bunch of Kodak Executives sitting around the boardroom, perplexed, asking each other "So they built this app for the iPhone, and just sold the company for a billion dollars?"

Facebook buying Instagram for $1 billion in cash and stock

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