Results for - Facebook buys Instagram for $1 Billion dollars!

179 voters participated in this survey
Do you use the Instagram app?

1. Do you use the Instagram app?

Yes
20%
36 votes
No
54%
97 votes
Don't know what this is
26%
46 votes

2. Would you say that Facebook made a smart maneuver in buying this 2 year old company for $1 billion dollars?

Yes
42%
75 votes
No
28%
51 votes
What is this about?
30%
53 votes

3. Do you think Apple,with all cash it has in the coffers, was asleep at the wheel in not buying this company?

Yes
39%
69 votes
No
30%
54 votes
What is this about?
31%
56 votes

4. Why do you think FaceBook paid double the recent value of the company that has a free app and no revenues?

To keep this fast growing company out of their competitive space - a big part of Facebook is photo sharing
47%
85 votes
To buy this company before another competitor like twitter, Google, Microsoft or Apple bought it
37%
67 votes
With its upcoming public offering, Facebook has got to start acquiring companies with new large user base
16%
28 votes
The acquisition will help Facebook monetize the mobile space
11%
19 votes
This acquisition will strengthen Facebooks mobile space positioning
16%
29 votes
Facebook has no clue what they are doing, this acquisition at 1 billion dollars makes no sense
15%
26 votes
Other (please specify)
7%
12 votes

5. Would you say the dot.com bubble of the late 90's is back? (i.e. companies with significant user base, low profit margins and/or negative cash flow, having incredible market cap)

Yes
41%
74 votes
No
55%
98 votes
Other (please specify)
4%
7 votes
05/15/2012 Technology 179 4 By: jackieb

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By: jackieb