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Was $1 Billion Too Little to Ask for Instagram?

1 pointsby dkochover 11 years ago

1 comment

tobyjsullivanover 11 years ago
Asking this is like asking if Google should have IPO&#x27;d at a mere ~$35B valuation back in 2004. They could have got 10x that today!<p>Obviously, as time progresses, a successful company&#x27;s value will grow. But there&#x27;s also risk. The real question was if $1 billion that day was better than $5 billion in a year? When you&#x27;re not already a millionaire, the answer is probably yes.<p>Even sweeter of a deal when you get the mentorship of Facebook to help your business grow and improve your likelihood of success.