This isn't my analysis, by the way, but I got talking about it to someone at work. He thinks that Instagram was a potential Facebook killer, like Facebook itself killed MySpace. If MySpace had have spotted the danger soon enough and bought Facebook, Facebook probably wouldn't exist now.
It sounds like this is what Facebook is doing. Taking control of Instagram so that it can never rival Facebook. My colleague's feeling is that nobody will have heard of Instagram in four years time.
It's a shame. It shows insecurity in their product if they feel so threaten over something that's in a completely different field from them, that they end up buying it out. Next thing, they'll try to buy everything that starts to show more prominence than them and they'll end up ruining it. If your colleague is right, then Instagram would've become a project that had potential but failed miserably in the end.
How do you feel about Facebook buying Instagram?
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This isn't my analysis, by the way, but I got talking about it to someone at work. He thinks that Instagram was a potential Facebook killer, like Facebook itself killed MySpace. If MySpace had have spotted the danger soon enough and bought Facebook, Facebook probably wouldn't exist now.
It sounds like this is what Facebook is doing. Taking control of Instagram so that it can never rival Facebook. My colleague's feeling is that nobody will have heard of Instagram in four years time.
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Avant-Garde
11 years ago
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It's a shame. It shows insecurity in their product if they feel so threaten over something that's in a completely different field from them, that they end up buying it out. Next thing, they'll try to buy everything that starts to show more prominence than them and they'll end up ruining it. If your colleague is right, then Instagram would've become a project that had potential but failed miserably in the end.