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Many baulked when Facebook head Mark Zuckerberg agreed to drop $1 billion on Instagram in April 2012. "That's $33 per user," said some; "there's no business model!" screamed others. Less than three years later and Citigroup now says Instagram is worth $35 billion. That's almost 49 times higher tha...

1 month ago 0 Comments
December 19, 2014 at 1:28PM
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While competitors are busy cloning Snapchat in an attempt to replicate its success, Evan Spiegel and co. have continued to forge their own path. The company is already experimenting with new features in an attempt to generate revenue, but it's also apparently talking to some big hitters to ensure ...

5 months ago 0 Comments