Facebook Buys Instagram For $1 Billion
- Thread starter lexdiamonnyc
- Start date
Mike Krieger
Michael Krieger graduated from Stanford University, where he studied Symbolic Systems with a focus in Human-Computer Interaction. During his undergraduate studies, Krieger interned at Microsoft's PowerPoint team as a PM and at Foxmarks (now Xmarks) as a software developer.
Krieger wrote his Master's thesis on how user interfaces can better support collaboration on a large scale. After graduating, he worked at Meebo for a year and a half as a user experience designer and as a front-end engineer before joining the Instagram team doing design and development.
Displaying 12 results for Mike Krieger Page: 1
<table id="materialElement" style="width: 894px; border: 0px;" class="search_results" cellspacing="0"><thead> <tr> <th class="dec9 sortable"> Category</th> <th class="dec9 sortable"> Title
</th> <th class="dec9 sortable"> Author/Speaker</th> <th class="dec9 sortable"> Organization</th> <th class="dec9 sortable"> Length</th> <th class="dec9 sortable"> Date</th></tr></thead> <tbody> <tr style="cursor: pointer;" id="row2686" class="odd"> <td style="width: 68px;" class="dec9c">Podcast</td> <td style="width: 242px;" class="dec9c"> From Stanford to Startup </td> <td style="width: 126px;" class="dec9c"> Kevin Systrom · Mike Krieger </td> <td style="width: 153px;" class="dec9c"> Instagram </td> <td style="width: 82px;" class="dec9c"> 56:30 </td> <td style="width: 79px;" class="dec9c"> 05/2011 </td></tr> <tr style="cursor: pointer;" id="row2735" class="even"> <td style="width: 68px;" class="dec9c">Video</td> <td style="width: 242px;" class="dec9c"> From Stanford to Startup [Entire Talk] </td> <td style="width: 126px;" class="dec9c"> Kevin Systrom · Mike Krieger </td> <td style="width: 153px;" class="dec9c"> Instagram </td> <td style="width: 82px;" class="dec9c"> 54:46 </td> <td style="width: 79px;" class="dec9c"> 05/2011 </td></tr> <tr style="cursor: pointer;" id="row2736" class="odd"> <td style="width: 68px;" class="dec9c">Video</td> <td style="width: 242px;" class="dec9c"> Trust Your Gut and Collect Experience </td> <td style="width: 126px;" class="dec9c"> Kevin Systrom · Mike Krieger </td> <td style="width: 153px;" class="dec9c"> Instagram </td> <td style="width: 82px;" class="dec9c"> 03:59 </td> <td style="width: 79px;" class="dec9c"> 05/2011 </td></tr> <tr style="cursor: pointer;" id="row2737" class="even"> <td style="width: 68px;" class="dec9c">Video</td> <td style="width: 242px;" class="dec9c"> Sink or Swim School of Engineering </td> <td style="width: 126px;" class="dec9c"> Kevin Systrom · Mike Krieger </td> <td style="width: 153px;" class="dec9c"> Instagram </td> <td style="width: 82px;" class="dec9c"> 03:44 </td> <td style="width: 79px;" class="dec9c"> 05/2011 </td></tr> <tr style="cursor: pointer;" id="row2738" class="odd"> <td style="width: 68px;" class="dec9c">Video</td> <td style="width: 242px;" class="dec9c"> Finding the Problem is the Hard Part </td> <td style="width: 126px;" class="dec9c"> Kevin Systrom · Mike Krieger </td> <td style="width: 153px;" class="dec9c"> Instagram </td> <td style="width: 82px;" class="dec9c"> 03:28 </td> <td style="width: 79px;" class="dec9c"> 05/2011 </td></tr> <tr style="cursor: pointer;" id="row2739" class="even"> <td style="width: 68px;" class="dec9c">Video</td> <td style="width: 242px;" class="dec9c"> A Problem with Stealth Startups </td> <td style="width: 126px;" class="dec9c"> Kevin Systrom · Mike Krieger </td> <td style="width: 153px;" class="dec9c"> Instagram </td> <td style="width: 82px;" class="dec9c"> 03:02 </td> <td style="width: 79px;" class="dec9c"> 05/2011 </td></tr> <tr style="cursor: pointer;" id="row2740" class="odd"> <td style="width: 68px;" class="dec9c">Video</td> <td style="width: 242px;" class="dec9c"> Optimize for People, Not Valuation </td> <td style="width: 126px;" class="dec9c"> Kevin Systrom · Mike Krieger </td> <td style="width: 153px;" class="dec9c"> Instagram </td> <td style="width: 82px;" class="dec9c"> 03:03 </td> <td style="width: 79px;" class="dec9c"> 05/2011 </td></tr> <tr style="cursor: pointer;" id="row2741" class="even"> <td style="width: 68px;" class="dec9c">Video</td> <td style="width: 242px;" class="dec9c"> Building a Product is Just the Beginning </td> <td style="width: 126px;" class="dec9c"> Kevin Systrom · Mike Krieger </td> <td style="width: 153px;" class="dec9c"> Instagram </td> <td style="width: 82px;" class="dec9c"> 01:32 </td> <td style="width: 79px;" class="dec9c"> 05/2011 </td></tr> <tr style="cursor: pointer;" id="row2742" class="odd"> <td style="width: 68px;" class="dec9c">Video</td> <td style="width: 242px;" class="dec9c"> Combine and Share Ideas </td> <td style="width: 126px;" class="dec9c"> Kevin Systrom · Mike Krieger </td> <td style="width: 153px;" class="dec9c"> Instagram </td> <td style="width: 82px;" class="dec9c"> 02:33 </td> <td style="width: 79px;" class="dec9c"> 05/2011 </td></tr> <tr style="cursor: pointer;" id="row2743" class="even"> <td style="width: 68px;" class="dec9c">Video</td> <td style="width: 242px;" class="dec9c"> Start Now </td> <td style="width: 126px;" class="dec9c"> Kevin Systrom · Mike Krieger </td> <td style="width: 153px;" class="dec9c"> Instagram </td> <td style="width: 82px;" class="dec9c"> 01:41 </td> <td style="width: 79px;" class="dec9c"> 05/2011 </td></tr> <tr style="cursor: pointer;" id="row2744" class="odd"> <td style="width: 68px;" class="dec9c">Video</td> <td style="width: 242px;" class="dec9c"> The Co-Founder Working Relationship </td> <td style="width: 126px;" class="dec9c"> Kevin Systrom · Mike Krieger </td> <td style="width: 153px;" class="dec9c"> Instagram </td> <td style="width: 82px;" class="dec9c"> 03:29 </td> <td style="width: 79px;" class="dec9c"> 05/2011 </td></tr> <tr style="cursor: pointer;" id="row2745" class="even"> <td style="width: 68px;" class="dec9c">Video</td> <td style="width: 242px;" class="dec9c"> The Equity Question </td> <td style="width: 126px;" class="dec9c"> Kevin Systrom · Mike Krieger </td> <td style="width: 153px;" class="dec9c"> Instagram </td> <td style="width: 82px;" class="dec9c"> 02:36 </td> <td style="width: 79px;" class="dec9c"> 05/2011 </td></tr></tbody></table>
http://ecorner.stanford.edu/author/michael_krieger
Don't sleep on these videos..........
I swear apple users act like apple is paying their mortgage and shit
"First Android......instagram stopped being cool now that Android users are on it" GTFOHWTBS
Its cotdamn phone...get over yourselves.
FOH
From what i read, Instagram was valued @ 500Mill, sothe question is did FB overpay for them?
Mike Krieger
Michael Krieger graduated from Stanford University, where he studied Symbolic Systems with a focus in Human-Computer Interaction. During his undergraduate studies, Krieger interned at Microsoft's PowerPoint team as a PM and at Foxmarks (now Xmarks) as a software developer.
Krieger wrote his Master's thesis on how user interfaces can better support collaboration on a large scale. After graduating, he worked at Meebo for a year and a half as a user experience designer and as a front-end engineer before joining the Instagram team doing design and development.
Displaying 12 results for Mike Krieger Page: 1
<table id="materialElement" style="width: 894px; border: 0px;" class="search_results" cellspacing="0"><thead> <tr> <th class="dec9 sortable"> Category</th> <th class="dec9 sortable"> Title</th> <th class="dec9 sortable"> Author/Speaker</th> <th class="dec9 sortable"> Organization</th> <th class="dec9 sortable"> Length</th> <th class="dec9 sortable"> Date</th></tr></thead> <tbody> <tr style="cursor: pointer;" id="row2686" class="odd"> <td style="width: 68px;" class="dec9c">Podcast</td> <td style="width: 242px;" class="dec9c"> From Stanford to Startup </td> <td style="width: 126px;" class="dec9c"> Kevin Systrom · Mike Krieger </td> <td style="width: 153px;" class="dec9c"> Instagram </td> <td style="width: 82px;" class="dec9c"> 56:30 </td> <td style="width: 79px;" class="dec9c"> 05/2011 </td></tr> <tr style="cursor: pointer;" id="row2735" class="even"> <td style="width: 68px;" class="dec9c">Video</td> <td style="width: 242px;" class="dec9c"> From Stanford to Startup [Entire Talk] </td> <td style="width: 126px;" class="dec9c"> Kevin Systrom · Mike Krieger </td> <td style="width: 153px;" class="dec9c"> Instagram </td> <td style="width: 82px;" class="dec9c"> 54:46 </td> <td style="width: 79px;" class="dec9c"> 05/2011 </td></tr> <tr style="cursor: pointer;" id="row2736" class="odd"> <td style="width: 68px;" class="dec9c">Video</td> <td style="width: 242px;" class="dec9c"> Trust Your Gut and Collect Experience </td> <td style="width: 126px;" class="dec9c"> Kevin Systrom · Mike Krieger </td> <td style="width: 153px;" class="dec9c"> Instagram </td> <td style="width: 82px;" class="dec9c"> 03:59 </td> <td style="width: 79px;" class="dec9c"> 05/2011 </td></tr> <tr style="cursor: pointer;" id="row2737" class="even"> <td style="width: 68px;" class="dec9c">Video</td> <td style="width: 242px;" class="dec9c"> Sink or Swim School of Engineering </td> <td style="width: 126px;" class="dec9c"> Kevin Systrom · Mike Krieger </td> <td style="width: 153px;" class="dec9c"> Instagram </td> <td style="width: 82px;" class="dec9c"> 03:44 </td> <td style="width: 79px;" class="dec9c"> 05/2011 </td></tr> <tr style="cursor: pointer;" id="row2738" class="odd"> <td style="width: 68px;" class="dec9c">Video</td> <td style="width: 242px;" class="dec9c"> Finding the Problem is the Hard Part </td> <td style="width: 126px;" class="dec9c"> Kevin Systrom · Mike Krieger </td> <td style="width: 153px;" class="dec9c"> Instagram </td> <td style="width: 82px;" class="dec9c"> 03:28 </td> <td style="width: 79px;" class="dec9c"> 05/2011 </td></tr> <tr style="cursor: pointer;" id="row2739" class="even"> <td style="width: 68px;" class="dec9c">Video</td> <td style="width: 242px;" class="dec9c"> A Problem with Stealth Startups </td> <td style="width: 126px;" class="dec9c"> Kevin Systrom · Mike Krieger </td> <td style="width: 153px;" class="dec9c"> Instagram </td> <td style="width: 82px;" class="dec9c"> 03:02 </td> <td style="width: 79px;" class="dec9c"> 05/2011 </td></tr> <tr style="cursor: pointer;" id="row2740" class="odd"> <td style="width: 68px;" class="dec9c">Video</td> <td style="width: 242px;" class="dec9c"> Optimize for People, Not Valuation </td> <td style="width: 126px;" class="dec9c"> Kevin Systrom · Mike Krieger </td> <td style="width: 153px;" class="dec9c"> Instagram </td> <td style="width: 82px;" class="dec9c"> 03:03 </td> <td style="width: 79px;" class="dec9c"> 05/2011 </td></tr> <tr style="cursor: pointer;" id="row2741" class="even"> <td style="width: 68px;" class="dec9c">Video</td> <td style="width: 242px;" class="dec9c"> Building a Product is Just the Beginning </td> <td style="width: 126px;" class="dec9c"> Kevin Systrom · Mike Krieger </td> <td style="width: 153px;" class="dec9c"> Instagram </td> <td style="width: 82px;" class="dec9c"> 01:32 </td> <td style="width: 79px;" class="dec9c"> 05/2011 </td></tr> <tr style="cursor: pointer;" id="row2742" class="odd"> <td style="width: 68px;" class="dec9c">Video</td> <td style="width: 242px;" class="dec9c"> Combine and Share Ideas </td> <td style="width: 126px;" class="dec9c"> Kevin Systrom · Mike Krieger </td> <td style="width: 153px;" class="dec9c"> Instagram </td> <td style="width: 82px;" class="dec9c"> 02:33 </td> <td style="width: 79px;" class="dec9c"> 05/2011 </td></tr> <tr style="cursor: pointer;" id="row2743" class="even"> <td style="width: 68px;" class="dec9c">Video</td> <td style="width: 242px;" class="dec9c"> Start Now </td> <td style="width: 126px;" class="dec9c"> Kevin Systrom · Mike Krieger </td> <td style="width: 153px;" class="dec9c"> Instagram </td> <td style="width: 82px;" class="dec9c"> 01:41 </td> <td style="width: 79px;" class="dec9c"> 05/2011 </td></tr> <tr style="cursor: pointer;" id="row2744" class="odd"> <td style="width: 68px;" class="dec9c">Video</td> <td style="width: 242px;" class="dec9c"> The Co-Founder Working Relationship </td> <td style="width: 126px;" class="dec9c"> Kevin Systrom · Mike Krieger </td> <td style="width: 153px;" class="dec9c"> Instagram </td> <td style="width: 82px;" class="dec9c"> 03:29 </td> <td style="width: 79px;" class="dec9c"> 05/2011 </td></tr> <tr style="cursor: pointer;" id="row2745" class="even"> <td style="width: 68px;" class="dec9c">Video</td> <td style="width: 242px;" class="dec9c"> The Equity Question </td> <td style="width: 126px;" class="dec9c"> Kevin Systrom · Mike Krieger </td> <td style="width: 153px;" class="dec9c"> Instagram </td> <td style="width: 82px;" class="dec9c"> 02:36 </td> <td style="width: 79px;" class="dec9c"> 05/2011 </td></tr></tbody></table>
http://ecorner.stanford.edu/author/michael_krieger
Don't sleep on these videos..........
Bookmarked.
i use android phones fool and yes to alot of apple users, instagram stopped being "cool" when it stopped being exclusive to apple. doesnt mean they stopped using it but it means it loses some of its cachet. it means their eyes are open for something new when before they were totally satisfied with what they had.
see: Instagram App Deepens Class Warfare Between Apple and Android Smartphones
also, instagram n twitter became alot of peoples social networks of choice after abandoning facebook and now instagram is owned by facebook.
its like ur favorite independent coffee shop getting bought out by starbucks. the coffee and shop may remain unchanged but it loses something to some people.
wanting to be a part of the "in crowd" is just a part of human nature. steve jobs made billions off understanding this better than everybody else in the tech industry.
yeah, what he said...
i think the main thing that people like about instagram was that
a. you can easily apply filters to the pics to make them look more interesting. most of them give the pics a vintage feel.
b. it started out exclusive to iphone. most artists, writers, designers n photographers are on apple so u had a concentration of creative people sharing interesting shots.
just like how facebook started out w/ only harvard students...then only college students for a long time. that helped shaped the direction the site moved in. if they let housewives, 75 yr old grandfathers and little 14 yr old tyquan from down the block in from day 1, facebook would have been a totally different animal and may not have blown up to what it is today.
Apple users are just strange man.
Sent from my ADR6425LVW using Tapatalk 2
Sent from my ADR6425LVW using Tapatalk 2
define "overpaid"
if twitter bought instagram, i bet that woulda been more than a $1billion problem for facebook.
Overpaid as in they were valued at $500 million. But like you said, it is a nice move that FB scooped them up before Twitter or Google did. Overall smart move on FB's part to continue to be the leader in this social era.
Value is a very relative thing.
People thought Google overpaid for youtube (me included at the time) but that ended up being a steal. Google now dominates video and youtube is actually the second largest search engine in the world defined by queries (most people dont know that)
Instagram is becoming the default photo button on smartphones. Also, it is becoming a social network.
Facebook is mainly used for sharing photos, they are weak on mobile, etc....
Instagram solves a lot of of their pre-ipo issues.
Again.. Instagram might not be worth a billion to say Microsoft... but for Facebook, it very well could be.
Mark didnt want to be Yahoo passing up on buying Google when they wanted to sell to them.... they didnt want to be Yahoo also passing up on Facebook (Semel balked at the billion dollar price)... so he decided to make a big bet... it was a defensive gamble but now their only major threat (from a startup perspective) is gone.
Here are a couple of resources
[thread]591290[/thread]
https://developer.apple.com/library...ted/RoadMapiOS/Introduction/Introduction.html
I don't think FB overpaid for it at all. This was there first big acquisition and its not like the company is going to sell for exactly whats it's worth in 2-3 year it would have probably been worth well north of 1 billion so fb got one hell of a deal.
this is nothing new. There are at least 5 apps for android that do the same thing and more, but since it was exclusive to apple, people made a big deal about.
if thats the only thing that caused instagram to blow up then how come none of the android exclusive photo editing apps are seeing the same type growth?
Instagram got their 37signals on. Shit is just simple, fast, and it works.
Myspace is crying in the car
I STILL DONT GET INSTAGRAMS WORTH FROM JUST PICS POSTINGS AND STUFF EITHER
BUT SURE IS GLAD SOMEBODY CASHED OUT!
I think they bought it so one of their competitors couldn't and to get whatever patents they ownedI STILL DONT GET INSTAGRAMS WORTH FROM JUST PICS POSTINGS AND STUFF EITHER
I STILL DONT GET INSTAGRAMS WORTH FROM JUST PICS POSTINGS AND STUFF EITHER
Strong dedicated user base is the medium by which the monetary value
of this transaction was measured,and growth potential of that product imo
Instagram could have broke off to something like "instabook" just like the
flock of sheep left myspace they could overtime ditched FB. you find your friends from facebook
via instagram search,then that then becomes a Instagram database of new users to pitch stuff to.
Instagram was a growing threat to
facebook.
Last edited:
how could it be more simpler than whats done on android. you take a pic, immediately after, you have the option of editing or sharing. how much more simple can it get?
I get your point, but it seems that Instagram was the more popular app.
Funny enough I have never used the app. First time I tried and it wanted a username/pw, I dumped it.
I test practically every meaningful application that gets launched (on all platforms). I am pretty platform agnostic so to me it is not an android vs iOS thing. I have had Instagram on my phone since the launch. Although I really dont use it. I really could give two shits about photos, personally.
Instagrams gets you from opening the app to great looking image faster than any application on the market + it is combined with a huge and active community.
Where facebook takes 6-7 steps, Instagram is a one-two punch. There are other photo apps that have cloned Instagram, but it was the first with the one-two punch of filtered photos in really one step. Combine that with an engaged community... A majority of people just peruse the content.... and you have winner.
And those editing features are the same as those filters on Instagram.. those easy to deploy filters werent common two years ago and definitely no one did it as elegantly.
Im just telling you why people have adopted it man. Personally, I dont care either way.
Good breakdown.
i tried it too, to see what the hype was about. i spent a few minutes with it, i followed Bria and Lastarya and then after that day, forgot about it.
and it was more popular, because it was Apple exclusive (like siri). If it launched on all platforms at the same time, Apple users may have enjoyed it, but Android users would have probably thought it was similar to the other photo taking/editing apps. Android users only downloaded it to piss off iphone/ipad users.
FB sucks on every platform, so we can forget about that.
If i take a pic with my default camera, right after, i have editing and sharing options. If i use a 3rd party app, like CamerZoom, there is no need to leave the app because everything is there.
I think the community is what made it what it is today. I dont mess around with the editing. I just take pics of ass i see on the street and share it to my home pc. Thats about it.
I feel where you are coming from but let's be serious - Instagram isnt some unique idea (see Youtube/Facebook) nor is the user base "amazing" (30 million) so I just don't see it.. Finally, where is the revenue stream (same issue with Youtube)? I have the same exact issue with FB - they value themselves at $100 billion
that shit is laughable.. when the stock holders invest in $100 billion they will expect returns but how can FB deliver? Google/Apple can deliver because they generate an absurd amount of cash...
Facebook, Youtube, Google, etc ..none of them were unique ideas. They were all late entries in the market.
Being new is meaningless. Creating value and crossing chasms is what matters.
30 million in two years is unchartered territory. Ive been in this business for over a decade and you can count on your hand how many companies have done that.
In another year, they would have been closing on on 100 million and that is nothing to sneeze at.
They added 5 million android users in the first fucking six days. You cats sound clueless.
CamerZoom (PRO) is not even remotely as well made as Instagram. And you have to pay for it...nominal cost but an easier to use free product will always been a paid one.
Read this and you will understand homie http://gigaom.com/2012/04/10/instagram-me-love-at-first-sight
Again, I personally could give two shits about photos because I dont use my smartphone to take pictures... but Instagram >>> camerzoom by a country mile.