Pages

Cayman

Thursday, April 12, 2012

Forty Percent of One Billion Dollars Equals Kevin Systrom

   "We want to change the way people communicate and share in the real world", says CEO and co-founder Kevin Systrom, of Instagram (a photo sharing app on mobile devices).  Facebook announced a deal to buy the San Francisco company for $1 Billion, in order to allow facebook a stronger push into mobile devices.  See also, http://www.wired.com/.

No comments:

Post a Comment