To the Point
A High-Tech Gamble on the Next Big Thing
Instagram is a simple way to create your own art online with your smartphone photographs. It lets smartphone photographers enhance their pictures with 17 different filters and post their creations on the Internet. In 18 months it's attracted 33 million users.
By Warren Olney • • 1 min readInstagram is a simple way to create your own art online with your smartphone photographs. It lets smartphone photographers enhance their pictures with 17 different filters and post their creations on the Internet. In 18 months it's attracted 33 million users. But with 13 employees, no advertisements and no sales of personal information, it hasn't made any money. For many users, it's come to be the anti-Facebook. Now Facebook's Mark Zuckerberg is buying Instagram for $1 billion. Will Instagram ever be the same? Is it further evidence that Facebook is losing its "cool?" Will Zuckerberg still be able to raise $100 billion with Facebook's Initial Public Offering?
Warren Olney
former KCRW broadcaster
Frances Anderton
architecture critic and author
Anna Scott
Former KCRW Housing and Homelessness Reporter
Christian Bordal
Managing Producer, Greater LA
Aminatou Sow
co-host of the podcast “Call Your Girlfriend” and co-author of the new book “Big Friendship: How We Keep Each Other Close”
Dan Zak
Washington Post
Michael Pachter
Wedbush Securities