Facebook acquired instagram for 1Bn$. When FB did that, people called it "overspending".
— Akshat Shrivastava (@Akshat_World) 11 avril 2026
1Bn$ looked like a crazy amount in 2012.
Now, Instagram last year brought 84Bn$ of revenues for Meta.
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People will convince you that AI is overspending. Most Indian investors will… https://t.co/r2ebZz9IPu
Facebook acquired instagram for 1Bn$. When FB did that, people called it "overspending". 1Bn$ looked like a crazy amount in 2012. Now, Instagram last year brought 84Bn$ of revenues for Meta. **** People will convince you that AI is overspending. Most Indian investors will