Nokia market cap is $16.25 billion with $14.2 billion of cash in the bank so net value is 2 Instragrams. Or an Instragram plus 5 Draw Somethings. Michael Robertson on Twitter Continue reading Ain’t that the truth….
Facebook’s acquisition of Instagram reminds me of Google’s acquisition of YouTube — buying a whole different kind of engagement and interaction medium from their core offering. Google had failed to make an impact in online video. Facebook’s mobile-social photo offerings are pretty weak. If Facebook does indeed leave it alone, I am pretty sure Instagram … Continue reading Why Instagram & YouTube are so alike
“There might be 10 clones here, [but] there is also 20 clones from the United States right? You know, being copied is something that I think that every successful company will go through. Our biggest defensible asset really is our community, and I think that’s the thing that you’re not going to find on any of these replicas.”
Instagram co-founder Kevin Systrom on clones of his fast growing service that now has 12 million users. I agree. It is not the filters or the features, it is people and their emotional relationship with a product who make a startup successful. Here is a link to my conversation with Kevin from GigaOm Mobilize.
When it comes to consumer web startups, this is the city of dreams. Lately, more and more folks are moving out west, trying to find a slice of their dream. I took this photo with my iPhone 4 and edited it using ColorBlast app, which is just a crazy, fun app. The idea was to … Continue reading The Startup “City of Dreams”
The Oscars are over, but we will all be talking about the winners — and the losers — for days and weeks to come. Why? Because we love movies. We love movie stars. What’s not to love? They have the drama, the glamour, the shiny bright lights and, not to mention, fantastic amounts of money. … Continue reading Now Starring You, in a Movie About You