Instagram is worth $100 billion, and life is meaningless

LOL remember when we all thought Facebook’s 2012 acquisition of Instagram for $1 billion was bananas? LMAO! Now Instagram is worth $100 billion! Ha ha ha!!

An analyst published the estimate for Bloomberg Intelligence on Monday. That’s a…wait for it…100-fold return on Facebook’s investment in the little photo sharing app with the square pics and some color filters. Turns out you can put a (very high) price on being cool.

Here’s some more fun: Instagram will likely hit 2 billion users over the next five years. Monetized content for all! Read more…

More about Facebook, Instagram, Snapchat, Mark Zuckerberg, and Tech