yep. They are headed down the Groupon highway.....

On Mon, Apr 9, 2012 at 11:10 AM, PT <cft...@gmail.com> wrote:

>
> WTF indeed.  This does nothing to change that facebook is an over hyped
> chat/photo sharing thingamabob.  I noticed part of the purchase was in
> stock.  I assume that $1B is based mostly on facebook's expected
> artificially inflated IPO.  Those Instagram peoples better sell fast.
> Facebook isn't going to last.
>
> On 4/9/2012 2:02 PM, Cameron Childress wrote:
> >
> >
> http://www.huffingtonpost.com/2012/04/09/instagram-facebook-acquisition_n_1412623.html?ncid=edlinkusaolp00000009
> >
> > Key Instagram Stats:
> > Employees: 13
> > Age: 2 years
> > Purchase Price: $1B dollars
> >
> > W.     T.     F.
> >
> > -Cameron
>
> 

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