Public AI explainer video
In 2012, a 13-person startup with zero revenue...
In 2012, a 13-person startup with zero revenue sold for 1 billion dollars. Instagram had just 30 million users and had been live for less than 2 years. Bu...
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In 2012, a 13-person startup with zero revenue sold for 1 billion dollars. Instagram had just 30 million users and had been live for less than 2 years. But Mark Zuckerberg saw it as a threat to Facebook's future. So he did something wild — he negotiated the deal at his own house, over a single weekend. 300 million dollars in cash. 700 million dollars in stock. For an app that made no money at the time. Fast forward to today — Instagram generates over 50 billion dollars a year for Meta. Making it one of the greatest acquisitions in tech history. One weekend. One decision. One of the best trades ever made. Follow for more untold tech stories.
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