It was a defensive acquisition most likely and the app has pretty much not changed functionally one bit from when he acquired it. He had no vision for it clearly.

I'm getting a bit of reddit vibes in that you only took part of what I said out of context, and ignored the rest.

But also yes it was very much a defensive acquisition, and my point about them not (yet) ruining it shows that there was no plan.

Buying another company from the spoils of your first hit doesn't make you not a one hit wonder. Especially since most of your bidding competitors would have been blocked by antitrust.

I don't know if the same is true for Instagram. I've never used it.