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Showing posts with label Facebook acquisition. Show all posts
Showing posts with label Facebook acquisition. Show all posts

April 11, 2012

Instagram 's Rise to Billion $ Valuation,as Facebook Acquires the 2 yr old Start up

 Its seems Instagram is the new " latest  Tech Kid in Town" who has just hit a Goldmine . Its none other that Facebook  which has decided to  pay $1 billion in cash and stock for Instagram, a 2-year-old photo-sharing application developer, in its largest-ever acquisition just months before the No. 1 social media website is expected to go public.  On April 9, 2012, Facebook announced it would acquire the comp and its 13 employees) for approximately $1 billion in cash and stock, with plans to keep it independently managed. 

Instagram was s now growing twice as fast as Flickr. This great Infographic from Followgram shows the journey that Instagram has taken so far. Some of the highlights:

  • There are currently 7 million users worldwide, uploading 1.3m photos each day
  • Over 150 million photos have been uploaded in total, on average 15 per second
  • Instagram has enjoyed 78 million likes on pictures so far!
  • 8/10 of all photos uploaded have had a filter added
However as per true blue Silicon Valley tech trends, where It startup valuations have soared in recent years. It highlights the rising stakes in the social networking market in which services such as Facebook need to constantly excite consumers with new features and mobile.Online photos are supposed to be a core Facebook competence. Paying $1 billion for the popular picture-sharing app may boost the social network in mobile. But paying over the odds for revenue-free rivals is usually the hallmark of anxious, mature firms - not a growth company seeking to go public at a $100 billion valuation. 

e price was  a stunner for both the for an apps-maker without any significant revenue and also , comes as a surprise  and encouragement for the countless burgeoning  US "tech Start ups" who's hopes of turning their Garage Start up to becoming multi billionaires , by virtue of their idea in the mobile to digital ecosystem

June 28, 2011

Facebook Acquisition in Numbers: Data Charts

Facebook has acquired 10 companies with its largest acquisition being the purchase of FriendFeed. It also purchased the defunct company ConnectU in a court settlement and acquired intellectual property formerly held by rival Friendster.
Recently Facebook has acquired Daytum, the two-man start-up announced today on its blog. Daytum co-founder Nicholas Felton famously creates beautiful infographics about his annual personal behavior
Daytum was a mobile app to help other people track and organize the everyday data of their lives.Daytum is at least the third New York-based company Facebook has acquired, and its founders will be moving west to join the Facebook product design team at its headquarters.

The Following are the List of Acquisitions  which Facebook made during the last 5 Years

The majority of the companies acquired by Facebook are based in the United States, and in turn, a large percentage of these companies are based in or around the San Francisco Bay Area. Facebook has also made investments in LuckyCal and Wildfire Interactive

Most of Facebook's acquisitions have been '
talent acquisitions' and acquired products are often shut-down
. Facebook CEO Mark Zuckerberg has stated that "We have not once bought a company for the company. We buy companies to get excellent people... In order to have a really entrepreneurial culture one of the key things is to make sure we're recruiting the best people. One of the ways to do this is to focus on acquiring great companies with great founders.