 Globe and Mail | Instagram's Systrom Builds $1 Billion Application in Two Years BusinessWeek By Ari Levy on April 10, 2012 Silicon Valley is one of the few places where a 27-year-old Web entrepreneur can parlay a photo- sharing application with no known source of revenue into $1 billion -- in two years. Evidence of that came yesterday, ... Facebook had to buy Instagram: Here's why and what it means for you Facebook buying Instagram for $1B Facebook buying photo-sharing app Instagram |
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