In April 2012, Facebook (NASDAQ:FB) acquired 18-month-old Instagram, which had only 30 million users and no revenue. At that time, $1 billion worth of deal seemed too big for a small startup like Instagram. But years later, the photo filter app boasts of having more than 600 million users and is proving to be a…
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All That There is to a Startup
With venture capitalists pouring money into start-ups, the industry has been thriving since 2009. Many have crossed $1Billion-mark but have shied away from going public, raising concerns that many such huge startups may indeed be over-valued.