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Old 04-09-2012, 01:53 PM   #1
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Facebook buys Instagram

For the Instagram die-hards, here's some news.

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Break out your Dr. Evil jokes, if you've got any left. Facebook just announced that it will be acquiring Instagram, the popular photo-sharing app and recent addition to the Play Store family, for a cool billion dollars. You read that right. With a "b". Billion. To answer all the critics who were wondering what's so cool about Instagram: a billion dollars.
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Old 04-10-2012, 12:35 AM   #2
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maybe i'm just a fuddy duddy but why would i want to make pictures taken from my several hundred dollar phone look like washed out polaroids? doesn't technology improve because we want things to look better?

i just find a lot of the 'retro chic' going on to be amusingly hypocritical. why do people spend a fortune if what they really want is old, cheap crap?
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Old 04-10-2012, 12:45 AM   #3
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because the look of the old cheap crap taken from a $500 camera lasts longer than something actually taken on old cheap crap equipment
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Old 04-10-2012, 01:11 AM   #4
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Originally Posted by xg4bx View Post
maybe i'm just a fuddy duddy but why would i want to make pictures taken from my several hundred dollar phone look like washed out polaroids? doesn't technology improve because we want things to look better?

i just find a lot of the 'retro chic' going on to be amusingly hypocritical. why do people spend a fortune if what they really want is old, cheap crap?
Same here. I don't use any of these "enhancing" apps (or facebook for that matter), but both seem to have quite a following. And for instagram, there have been alternatives for a long while, so I don't understand what the fuzz is about.
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Old 04-10-2012, 06:03 AM   #5
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Maybe Facebook wants to be seen as investing money on something.
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Old 04-10-2012, 06:55 AM   #6
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Instagram for Android hits 5 million downloads in six days

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There were many people waiting for Instagram to come to the Android platform. When the app finally landed for Android, it was understandably popular with 1 million downloads in its first day. The massive popularity of the app led the Facebook gobbling it up for $1 billion. The Android version of Instagram has now been available for six days.

So far, the first six days have seen the Android version downloaded 5 million times. That means the app’s popularity has yet to wane. The 5 million downloads in six days makes Instagram one of the most popular Android app launches of all time. For comparison, it took the iOS Instagram app about six months to reach the 5 million download mark.
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Old 04-10-2012, 11:07 AM   #7
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Originally Posted by tubemonkey View Post
That's a lot of downloads. And, of course, then there's the cries of all the people whining that Instagram came out on Android. Those were some funny things to read.
http://www.webpronews.com/iphone-use...nloads-2012-04
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Old 04-10-2012, 11:21 AM   #8
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Originally Posted by xg4bx View Post
maybe i'm just a fuddy duddy but why would i want to make pictures taken from my several hundred dollar phone look like washed out polaroids? doesn't technology improve because we want things to look better?

i just find a lot of the 'retro chic' going on to be amusingly hypocritical. why do people spend a fortune if what they really want is old, cheap crap?
I guess I am a fuddy duddy because I would like to see very solid profits to justify an investment on that scale. Are we seeing the second dotcom bubble?
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Old 04-10-2012, 12:01 PM   #9
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Originally Posted by RainingLemur View Post
That's a lot of downloads. And, of course, then there's the cries of all the people whining that Instagram came out on Android. Those were some funny things to read.
http://www.webpronews.com/iphone-use...nloads-2012-04
Those comments! Hahaha! Man, some people need to get a life!
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Old 04-10-2012, 07:55 PM   #10
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I have read two very serious analyses of the purchase.
The best reason given for the crazy price of the purchase is that Facebook is trying to stifle, by eating, any competition to its' "sharing mantra."
The real problem for Facebook is that all those apps on Android and Apple that share stuff will now be looking for Billions for themselves.

An interesting side to this is that the 30 Million folks that were FREE subscribers to Instagram seemed to have as a part of their intent the idea of some Privacy, of a more cloistered, smaller group than the whole known Universe which is what Facebook is all about. As one pundit said, Mark Z has said that Instagram can remain separate and not have everything splashed onto Facebook unless the subscribers want otherwise, but then Mark Z has been known to change his mind on occasion.

I don't belong to Facebook as myself. I do have some pseudos there so I can look around on occasion.

Instagram is a dot com bubble. Never made any money. Less than 2 years old. Subscription is free. On the plus side, the picture software is very smooth, better than Facebook's they say, but is essentially limited to gimmicks which kids love. [free, simple, cutesy, sort of an "in group", did I say free, perfect for kids]
The only other program Instagram has beat out is a program that charged for its services. Can you believe it? Charged!

Definitely Dot.Com Bubble.
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Old 04-10-2012, 08:00 PM   #11
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I forgot to say.
My old Polaroid took very good pictures. I don't know why people are slighting Polaroid pics.
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Old 04-11-2012, 04:39 PM   #12
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I'm on mobileread. That's enough social for me
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Old 04-12-2012, 03:34 AM   #13
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i think the deal relates to instagram's potential.
Instagram was never bout putting effects on images, that was the gimmick. Instagram was about sharing. It allowed ios users to easilly take pics, change and post to their facebook/twitter (and also instagram), without hassle. That's not an easy task inside ios, so the app got popular taking advantage of a deficiency of ios.

As apple have a good trendy appeal, leaving the app exclusive and only allowing posts from ios they took their share of apple's Glam and became an important social 'thing'.

I guess this express how it grew, and why it is not a photo-fix app. For photo-fix and cool effects, android and ios have a lot better options. ^^
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Old 04-12-2012, 03:46 AM   #14
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Oh, come on........

Look, don't you get it ?

They're young guys, they're a bit stressed, it's just retail therapy .....
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Old 04-12-2012, 07:41 PM   #15
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Originally Posted by RainingLemur View Post
That's a lot of downloads. And, of course, then there's the cries of all the people whining that Instagram came out on Android. Those were some funny things to read.
http://www.webpronews.com/iphone-use...nloads-2012-04


Those were hilarious. There's nothing special about instagram. I used it a few times but I prefer my photos in original form.
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