Re:The Instagram Architecture Facebook Bought for a Cool Bil...
by prof_hobart on Tuesday April 10, 2012 @09:53AM
(#3822151)
Paying $1B for a company partly because they've "created $1billion in value in ~550 days" is a bit of a tautological line of reasoning.
Re:The Instagram Architecture Facebook Bought for a Cool Bil...
by Retric on Monday April 09, 2012 @10:19PM
(#3820357)
They also had ~50 million in the bank after a funding round that was so recent they could not have spent much of the money. Which means FB got a 5% discount on that billion dollar price tag and helps to make all those estimates just that much more reasonable.
Given the "prices" Google are rumored to be paying to acquire great engineering staff, a team of three engineers who've got a proven track record of building and supporting 100million users on their own - surely they'd be worth some not-down-in-the-noise-floor percentage of even the seemingly insane valuation here?
And a founding team who've "created" $1billion in value in ~550 days? Even if you only credit them with last weeks $500mil rumors - surely that founding team would be worth several tens of million dollars even if you didn't get the company they founded?