Facebook isn’t going anywhere thanks to its lucky bet on Instagram

Instagram worth $100 billion

New data compiled by Bloomberg Intelligence that pegs the valuation of the photo-sharing app Instagram at more than $100 billion represents more than an eye-popping growth trajectory for what was once a 13-person team that got bought by Facebook back in 2012.

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Facebook isn’t going anywhere thanks to its lucky bet on Instagram originally appeared on BGR.com on Tue, 26 Jun 2018 at 12:49:55 EDT. Please see our terms for use of feeds.

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