Facebook Buys Instagram for $1 Billion. Now You Can Filter Your Pictures With Bitterness
The big news yesterday was Facebook’s head-scratching acquisition of Instagram for $1 billion dollars, in cash and stock and likes. So how is it that this internet start-up with about a dozen employees, and no real stream of income, is worth so much?
Mark Zuckerberg had a vision:
Obviously, many fans of Instagram are upset about the purchase, fearing that their private information will once again be gobbled up by Facebook. A lot of people are also worried that Facebook will charge money or phase out Instagram’s patented features that make our pictures instantly hipster-friendly and so old school.
But mostly, fans are upset because this is a lot of fucking money, and well, seriously give us some of it.
Instagram has since put out a public message, saying that the deal with Facebook will only serve to enhance the user experience. To prove this, they’ve introduced several new filters that solidify the company’s new mindset…
Benji
Jaded
Hookerz-Nblow
As for me, I can’t really argue with them cashing out for an obscene amount of money. It would be like someone driving a truck full of money to your doorstep and saying, “Excuse me, did you drop this?” Of course you did.
And I’ll be honest, this new Hookerz-Blow filter is really fucking awesome. I haven’t slept in weeks and I can’t stop dancing.
[via]
