0 Aquiring Instagram turns out to be good for Facebook

Facebook has recently bought Instagram for 1 Billion dollars on 9th April. Instagram is a photo sharing mobile application and later more precisely designed for Android devices running  iOS 3.1.2 or above. This company is a San Francisco based and was founded in march 2010 by Kevin Systrom and Mike Krieger. They played the key role in developing this application and is a small company with just 13 employees. News of its acquisition hit the web and other social media as this 13 employee based company has been acquired for 1 billion dollars just few days back. 

Facts are really shocking it had 1 million registered users within 3 months of its launch and 6 weeks for its second million users. It had 4.25 million users within 7 months and this pace was increasing and increasing without boundaries. Now it has got 40 million users and still growing. It took just 10 days for its user base to grow from 30 million to 40 million that means 1 million users a day. Most probable reason is its inclusion in the android devices and of course its headlines of acquisition by Facebook CEO which created fuzz among many users.

Facebook took four years to create its 100 million user base and now Instagram is all ready to set records to break that record. Facebook now has 800 million user base and is now pacing towards breaking 1 billion mark.However Mark Zuckerberg has made it clear that Instagram would be a independent firm. Most probable reason for aquiring Instagram for such an high amount would be its user base. Now I feel India's top sms portal way2sms is all set to touch 30 million user base but officially has announced 20 million users is growing at a small pace compared to few new flicks. Indian start ups need to focus on such applications. Now Facebook will be all ready to get back its investment. 

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