Displaying results for "technology"
I woke up to this post this morning by Jenna Wortham saying Facebook had acquired Instagram for $1 Billion.
My initial response was that my jaw-dropped: 1 Billion? It was only a month ago that estimated valuations were half that, and not long before that Instagram was still running on $7.5 Million funding. So in a matter of a few months, Instagram has gone from a team of 10 people working in Twitter’s old conference room to being acquired for a billions dollars. Jesus.
Don’t get me wrong: I think Facebook is an extremely capable company. I admire Mark Zuckerberg’s ability to run it so well. But I just can’t help but think that in the long run, this is going to ruin the Instagram experience. As a photographer and appreciator of aesthetics, I loved that Instagram was the one social network where people told stories of their lives 100% visually. When I went to NYC, I documented my favorite moments (and views) on Instagram. When I went home for spring break, Instagram’s photo filters helped me illustrate how wonderful it was to be home. There was something quaint, beautiful and intimate about the service. It enabled people to tell share their life moments artistically.
I think part of the reason why I’m disappointed that they sold so early is because I knew how small the Instagram team was. This knowledge perpetuated the intimacy of the service and served as a model for a startup in my favorite stage - successful and growing, but with the team minimal and tightly-knit. They were growing fast (in users) but taking their time growing their team. It was a great startup success story. I suppose you could argue that their acquisition is a culmination of just how successful they are. But I’m going to miss the old idea of Instagram as a small team of workers devoted to minimalism and simplicity. I hope they can remain a bastion of this simplicity in their new 3,000+ person company.
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Oh. So the majority of the appeal of your site is based on illegal replication that you’re blaming on the user. Cool.
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So wait. Not only is the blame on the users, but if for some reason Pinterest’s crackpot terms are assailed legally because of something you did, you are the one who is going to pay their legal fees. Seems fair.
I’m not a Pinterest user and now I definitely don’t intend to become one.