Description
Facebook Acquired Instagram
Why Facebook Acquired Instagram??
Presented by: Vaibhavi Oza(20)
Reasons:
• Because it could -Facebook already has a ton of cash on hand (just under $4 billion according to its S-1 filing) • Because it didn’t want a competitor to snap it up first • Because Facebook’s mobile app is too bad. Instagram’s doesn’t
• Because Facebook is having a midlife crisis, and the acquisition of the beloved, hip photo-sharing app is its equivalent of buying a sports car • Because most people are on Facebook to look at other people’s photos, and Facebook wants to keep it that way
• More data. Which translates into better mobile ads • Because it’s cheaper than inventing a time machine
Thank you..!!
doc_866255372.pptx
Facebook Acquired Instagram
Why Facebook Acquired Instagram??
Presented by: Vaibhavi Oza(20)
Reasons:
• Because it could -Facebook already has a ton of cash on hand (just under $4 billion according to its S-1 filing) • Because it didn’t want a competitor to snap it up first • Because Facebook’s mobile app is too bad. Instagram’s doesn’t
• Because Facebook is having a midlife crisis, and the acquisition of the beloved, hip photo-sharing app is its equivalent of buying a sports car • Because most people are on Facebook to look at other people’s photos, and Facebook wants to keep it that way
• More data. Which translates into better mobile ads • Because it’s cheaper than inventing a time machine
Thank you..!!
doc_866255372.pptx