> Facebook paid $1 billion for Instagram, mainly to hire its 13 employees.<p>I don't usually like to nitpick, but this just seems totally incorrect.
The whole <i>reason</i> why all the perks and high salaries have to be offered is because there aren't that many people who want to do the work. Otherwise, people would be willing to work for peanuts in order to get a foothold in the industry, like in entertainment, journalism, or art.