If you can’t beat them…. buy them!!
I guess this was the motto Facebook used upon deciding to purchase Instagram. Facebook has been one of the top online photo repository, and with the birth of Instagram it has also gained a certain portion of that market.
With the purchase reportedly to be $1 billion, there were already a number of Instagram users fearing for the privacy issues it can have with Facebook.
Here are the official statements from Facebook and Instagram.
Mark Zuckerberg – Facebook CEO: https://www.facebook.com/zuck/posts/10100318398827991
Kevin Systrom- Instagram CEO: http://blog.instagram.com/post/20785013897/instagram-facebook
With a startup company like Instagram running roughly around 2 years and with only 13 employees, it has really gone a long way. Now with the addition of Instagram on Facebook, let’s wait and see on what Facebook will do with Instagram.
