puneet lakhi

Top 3 Lessons for Young Entrepreneurs from Instagram’s $1 Billion Sale

by / ⠀Startup Advice / April 19, 2012

When Facebook announced that it was purchasing Instagram for $1 billion, there was immediately a large scale outcry from seemingly everyone from entrepreneurs to loyal Instagram users. How does an 18 month old startup with 13 employees and zero revenue go for that kind of money? That was the question on everyone’s minds. I’m not here to argue whether or not it was worth the money (it was),…

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