Instagram wasn’t the best acquisition in the history of tech

Instagram wasn’t the best acquisition in the history of tech

6 years ago
Anonymous $yysEBM5EYi

https://hackernoon.com/instagram-wasnt-the-best-acquisition-in-the-history-of-tech-31bf3a3bcf87

Recently, YouTube introduced a new $20M fund to stimulate creators inside educational categories. And as the discussion about the founders of Facebook-acquired startups leaving the company doesn’t go away, I decided to look once again at two most discussed successful tech acquisitions in the 21st century.

These days our kids are raised by YouTube and our teens by Instagram. However, we can assume little number of people would know about two services in 2018 unless they were tightly integrated and promoted by parent companies. According to Bloomberg Intelligence, Instagram was worth as much as $100Bn in early July 2018, while YouTube could be worth as much as $150Bn. For comparison, McDonald’s was only $124B at that time.