What Is Instagram?

Such a big agreement is likely to once again provoke cries of a website bubble and draw incredulous pants from user wondering why a 16 month old image sharing application is value so much finance.

So what is instagram, and why is it made so much finance?

Instagram bills itself as a big fun way to share image with friends. Users snap images with cell phones and then select from more than a dozen filters to give the images a special look. They have caption and their place, and share with friends on social networking websites such as twitter and Facebook.

But the true value to Facebook is the cell phone community instagram made in such a small time.

It is now one of the biggest social networks with more than 40 million sign up users, which can follow friends like images and comments on them. More than 1 billion images have been downloaded or about 6 million per day. The amount of daily user is very high, the images generate more than 600 likes per second and more than 85 comments per second.

Instagram holds the record for the quick application to reach 1.5 million downloads, on 21 Dec, 2010. Apple titled it the application of the years in 2011.

Like so many other application and social networks websites. Anyway, Instagram has not yet figured out a company model. But firms such as Urban out filters and Ann Taylor have made accounts to market their brands, and many politicians and celebrities are members.

Instagram has a largest connection to Facebook and twitter, which has also been rumored as a powerful buyer. Instagram application CEO and founder Kevin was an ODEO, the firm that spawned social networking website twitter. In 2006 Stanford University spend two years at Google search engine, working on Google reader and Gmail, and also on the corporate development group.

Users

• By 2010 December, Instagram had 1.5 million registered users. In june 2011 instagram released 5 million users announcement, passing 10 million in 2010 September.
• Instagram announced that 100 million images have been shared to its service as 2011 July. The sum reached 150 million share in 2012 April to August, it was released that over 30 million registration of instagram application.
• Instagram fresh android edition in Google play a vital role and have more than 1 million download within only half day.

Awards

• In 2011 January, Instagram was the best little guy for Mobile phone application at the year 2010 Tech Crunch crunchies.
• In 2011 May, Best and fast firm scheduled CEO Kevin systrom at number 66 in the, top best people in Business 2011.
• In 2011 June, Inc magazine haven co-founders Krieger and systrom in its 2011, 30 list and 30 under.
• In 2011 September, instagram won "top locally made mobile phone application award" in the SF weekly.
• 7x7 popular magazines issued in 2011 featured Krieger and systrom on the first cover of their top business deals.
• In December 2011, Apple Inc, title instagram "Application of the year in 2011"

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