Facebook buys instagram for one billion dollars...

bwana

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Facebook, just weeks away from what's expected to be the biggest Internet IPO in history, today signed a deal to acquire the hugely popular photo-sharing smartphone app Instagram in a cash and stock deal valued at about $1 billion.
http://news.cnet.com/8301-1023_3-57411339-93/facebook-likes-instagram-with-$1b-price-tag/

The launch of the android app makes a lot of sense now.
 
Here’s one more fun fact from a Wall Street Journal editor:
Remember this day. 551-day-old Instagram is worth $1 billion. 116-year-old New York Times Co.: $967 million.
— Dennis K. Berman (@dkberman) April 9, 2012

source
 
On billion dollars for an app designed to make crappy cellphone camera images more appealing . . . only cellphone cameras aren't so crappy anymore.
 
On billion dollars for an app designed to make crappy cellphone camera images more appealing . . . only cellphone cameras aren't so crappy anymore.

I dunno, I think it adds something to what otherwise would be a pretty boring picture without the use of expensive cameras and editing software.
 
One BEEEEEELION dollars just to make your pics brown?
 
These valuations remind me of 1999 ...

Sell sell sell!!!!!! I wouldn't go near that facebook ipo.


All these damn companies are having their valuations set against google and apple, but they have proven business models....
 
Such as which free examples?

Check out Pix

On both android and iOS only difference is that it doesn't have its own social network but has build in ability to share to others.
 
Check out Pix

On both android and iOS only difference is that it doesn't have its own social network but has build in ability to share to others.

Ta, I'll give it a bash. I really think RetroCamera on my Android is much better than instagram although it's a paid for app.

EDIT: Oh! Looks like it isn't, I wonder if that's a recent development?
 
Ta, I'll give it a bash. I really think RetroCamera on my Android is much better than instagram although it's a paid for app.

If you on Android you can also get Paper camera over at Getjar for free under the Goldstar promotion
https://play.google.com/store/apps/details?id=com.dama.papercamera
http://itunes.apple.com/us/app/paper-camera/id443802549?mt=8

Anyway pix links below:
http://itunes.apple.com/us/app/pix-pixel-mixer/id509144139?mt=8
https://play.google.com/store/apps/details?id=air.net.daum.pix&hl=en
 
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Pix seems to be more a photo editor than a camera app, there might not be a difference but if I have to select which filters etc AFTER taking the photo it's a photo editor. Camera apps apply the filters etc at the time of taking the photo.
 
Such as which free examples?
Sorry, but when it comes to Android I wouldn't know what to suggest.

Pix seems to be more a photo editor than a camera app, there might not be a difference but if I have to select which filters etc AFTER taking the photo it's a photo editor. Camera apps apply the filters etc at the time of taking the photo.
But with instagram you also apply the filter after taking the photo either via the camera or using an image from your photo library.
 
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