My co-founder Dick Brouwer speculates on how the price of Instagram reached $1B with a very plausible scenario:

dickbrouwer:

There is a lot of speculation about Facebook’s $1bn acquisition of Instagram. Regardless of how much Instagram is actually “worth” (value is in the eye of the beholder), here is my perspective on how it might have gone:

Facebook realizes that in order to keep winning the social network game,…