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Author Topic: Instagram Co-Founders Cash In $500 Million From Facebook Deal  (Read 452 times)
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« on: April 10, 2012, 03:00:03 am »

Instagram Co-Founders Cash In $500 Million From Facebook Deal

In what is being called the largest mobile app acquisition in history, Facebook’s $1 billion buyout of Instagram is landing the iPhone app’s founders in a boatload of cash. Instagram’s two co-founders, Kevin Systrom and Mike Krieger, will cash in $500 million combined as a result of getting in bed with the social network behemoth. Quite the [...]Related StoriesYou Can Now Legally Run Windows On Your iPad Through OnLiveFlashback Trojan – A Big Wake Up Call For Mac IT ProsWant To Ditch Instagram? Here Are The Five Best Alternative Apps [Feature]Carriers May Soon Revolt Against The iPhone [Analyst]What Does Facebook Mean For Instagram?

http://feedproxy.google.com/~r/cultofmac/bFow/~3/7CAqQzGf_gQ/story01.htm
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