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by scarface74 2417 days ago
Lets look at the alternate history for Instagram.

What are the chances that they wouldn’t have run out of money before being profitable? Their only realistic means of survival was being acquired. They need Facebook’s advertising infrastructure to be profitable. Who else would have acquired them Twitter? They were constantly crashing around then. Google? Apple? Microsoft?

What was to stop Facebook from crushing Instagram without acquiring them by building their best features - like they are doing with SnapChat?