Facebook Camera App Make Instagram Was Worth $1 Billion

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Instagram in jaw-dropping $1B price becomes much more understandable on Thursday with the release of Camera Facebook to IOS.

Applications in the development of social networks before making an offer to buy Instagram about six weeks ago to give us a glimpse of how Facebook plans to compete with mobile young first startup.

It also shows how important is the future Instagram Facebook.

When Facebook purchased Instagram back in April, I believed the service was worth every penny (even while pleading with Facebook not to ruin the Instagram experience).


After the release of Facebook Camera, I’m even more convinced that Instagram could be Facebook’s YouTube in other words, an acquisition that becomes monumentally important to it future, and helps it solve a problem it couldn’t solve on its own (like Google Video before Google bought YouTube.) Via Mashable