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A comment on Instagram worth a half billion dollars? Sure, and I'm Mick Jagger. Parent comment

Re:Instagram worth a half billion dollars? Sure, and I'm Mic... by mgkimsal on Thursday March 08, 2012 @06:04PM (#3682147)
Doesn't this sounds like 1998 all over again? I hear all the common refrains about "this time is different! we're not in a bubble!".

Yes, this time is somewhat different (huge number of people on the net - entire generation has grown up wired, etc), but the same irrationality about first movers capturing markets and money coming later that we saw in 1998 seems to be happening again.

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Re:Instagram worth a half billion dollars? Sure, and I'm Mic... by moadeel on Thursday March 08, 2012 @08:08PM (#3682464)
Well I was very young in 1998 - I was too interested in getting my maxpages in top rankings in the maxpage domain :) so i don't know much. But man, this is just ridiculous. Really, $500 Million! $500 Million! for a photo sharing app that has a huge list of competitors and easy to knock off?
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