Will Instagram be the latest Facebook victim, and what does the photo sharing app's latest moves mean for your tech strategy?
There is a huge difference between brands which offer value and those which simply take from their customers. The latter of course dooming many previously popular platforms and firms to a painful fall.
Winning the lottery or designing the next Instagram is a fate of few. Let’s face it. Mark Zuckerberg isn’t going to drop a billion dollars in your lap. Facebook just capitalized on an exorbitant investment promising profit on all sides after noticing a trend increase on the news feeds. On the flip side, this has got companies like Kodak in a spin of shaking fists toward Silicon Valley while screaming, “Why didn’t we come up with this first?”
The blogosphere has been buzzing with talk of Facebook's $1 billion acquisition of Instagram all week. What powerful marketing and branding lessons should entrepreneurs be taking away from this?
First, it should inspire all entrepreneurs and small business owners with the fact that you can still win huge in America with a little innovation. Word is Instagram's CEO is landing a sweet $400 million out of the deal. What will your billion dollar business idea be?
