In case you missed it, Instagram was just purchased by Facebook for a billion dollars (yes, billion). This says one of two things to me. A) the valuation of this tech start-up (which currently has no revenue model) is incredibly inflated or B) the values of Americans are rapidly shifting to prioritize the preservation and sharing of experiences over that of being informed on local, national and global issues. What am I missing here?
What does the Instagram buy say about our culture?
April 9, 2012 By 1 Comment