x PhoneArena is hiring! Reviewer in the USA
  • Options
    Close





New round of financing for Instagram values company at cool half a billion dollars

0. phoneArena posted on 09 Mar 2012, 00:31

While Android users are waiting to hear the news of Instagram's launch in the Android Market, the company is raising another round of financing which will value it at a cool half a billion dollars, twenty times the value of Instagram last year...

This is a discussion for a news. To read the whole news, click here

posted on 09 Mar 2012, 00:45

1. Lucas777 (Posts: 2137; Member since: 06 Jan 2011)


seems a bit overinflated to me… i mean its a fleeting investment.. but who knows

posted on 09 Mar 2012, 07:39 1

2. cepcamba (Posts: 717; Member since: 27 Feb 2012)


Yeah. The company is valued at $500M, but it's actual worth is just a fraction of that.

Want to comment? Please login or register.

Latest stories