Gary Vaynerchuk Calls it Facebook Buy’s Instagram for one billion dollarsNick Throlson
I was amazed this morning when I woke up to see Facebook acquires Instagram for one billion dollars that’s right one billion dollars, for an app that has no source of revenue but a huge database full of great professional & amateur photographers. Just recently I have been using instagram on my android phone. I was even more amazed by the fact that Gary Vaynerchuk yes the wine guy & the guy who will eventually own the New York Jets. He predicted this acquisition to the T if you dont belive me what the youtube video below.
I give mad props to Gary & it looks like he will be talking to Piers Morgan on cnn tonight about the facebook instagram acquisition.
I highly recommend you follow Gary hes a great guy & true mentor to me http://garyvaynerchuk.com