Tumblr: 108M blogs and 51 billion posts are worth more than $1.1B

May 18, 2013 9:59 AM John Koetsier

Tumblr, which famously hates advertising and only started trying to make money after five years in existence, is in a bit of a pickle, as its $125 million in funding is running out, giving the service only a few-month window in which to raise a new round or find a sugar daddy.

Instagram: ‘It is not our intention to sell your photos’

December 18, 2012 2:15 PM Meghan Kelly

Meghan Kelly

Instagram co-founder Kevin Systrom speaks out about new terms of service.

Instagram founder distorted the truth to expedite Facebook deal

December 17, 2012 10:51 AM Jennifer Van Grove

Jennifer Van Grove

Instagram co-founder Kevin Systrom played a dicey game of semantics in order to expedite the close of the deal between his company and Facebook.

Instagram finally begins rolling out slick web profiles

November 5, 2012 11:00 AM Sean Ludwig

Sean Ludwig

Popular photo-sharing service Instagram has finally started to roll out web profiles, making it much easier to see your friends' filter-fied photos on the web.

53 percent of companies pivoted to stay alive in the last 2 years, says Intuit

August 11, 2012 3:00 PM Meghan Kelly

Meghan Kelly

Inuit says 53 percent of companies "reinvented their business" to survive since 2010. The pivot is a buzz word in Silicon Valley, but may be one of the smartest moves an entrepreneur can make.

Facebook’s opening price values Instagram at $1.27B and Kevin Systrom at $506M

May 18, 2012 9:00 AM Jennifer Van Grove

Jennifer Van Grove

Facebook is looking mighty fine today — especially if you’re Instagram, the photo-sharing company that sold its hit mobile application to the social network one month ago for a cool $1 billion in cash and stock.

But wait. Did we …

Revealed: How Twitter’s secret offer for Instagram made Facebook pay $1B

April 26, 2012 12:44 PM Jennifer Van Grove

Jennifer Van Grove

More details emerge on how Andreessen Horowitz lost $100M on principle

April 23, 2012 11:05 AM Dylan Tweney

Dylan Tweney

As I reported early last week, Andreessen Horowitz declined the chance to invest in Instagram’s first institutional round after placing a seed-round bet on the company. After we covered that story, the New York Times and many other outlets picked …

Facebook, Instagram, Twitter: Everyone’s connected in Silicon Valley

April 14, 2012 11:38 AM Meghan Kelly

Meghan Kelly

Instagram co-founder Kevin Systrom knew all the right people in Silicon Valley to get take his startup from idea to $1 billion Facebook buyout. But it seems Systrom had connections to the social network throughout his career.

The New York …

The Facebook-Instagram deal went down in 48 hours

April 12, 2012 2:16 PM Jennifer Van Grove

Jennifer Van Grove

The billion-dollar deal that shook the web took just 48 hours from start to finish, according to inside sources.

Monday, Facebook announced that it was acquiring photo-sharing phenom Instagram for $1 billion in cash and stock. The deal, reports the …

Dylan’s Desk: Why Instagram is worth $1 billion, and your startup isn’t

April 10, 2012 4:30 PM Dylan Tweney

Dylan Tweney

Instagram CEO just made $400 million, or $725,000 per day

April 9, 2012 4:07 PM Dylan Tweney

Dylan Tweney

Instagram chief executive Kevin Systrom just netted $400 million for selling his two-year-old startup to Facebook for $1 billion. That's according to a report by Wired, which cites sources indicating that Systrom holds 40 percent of the company he founded.

Why Instagram needed Android to make the Facebook acquisition happen

April 9, 2012 11:33 AM Jolie O'Dell

Jolie O'Dell

After spending a few hours talking to Facebookers about the company’s mobile strategy, I can safely say that Instagram’s move to Android probably had a lot to do with the $1 billion price the startup fetched in this morning’s acquisition …

Facebook buys Instagram for $1B, says it will keep the product independent

April 9, 2012 10:10 AM Ben Popper

Ben Popper

Facebook CEO Mark Zuckerberg just announced Facebook is acquiring Instagram for about $1 billion in cash and Facebook stock.

The photo-sharing startup recently passed 30 million members. Particularly since picking up a slew of new users with its Android app …

30M users later, Instagram arrives on Android

April 3, 2012 8:45 AM Jennifer Van Grove

Jennifer Van Grove

Seventeen months and 30 million users after Instagram first swept away iPhone owners with its artistic and social photo-perfecting application, the startup is finally releasing a version for Android users.

“We’re really excited about Instagram for Android as the next …

Instagram hits 27M users, founder waves anticipated Android app in front of crowd

March 11, 2012 7:09 PM Meghan Kelly

Meghan Kelly

Instagram announced that it hit 27 million users today, and continues its ongoing mantra that the photo sharing app will come to Android “really soon.”

Instagram is a photo sharing social network that only exists on the Apple iPhone. It …

Rumored Instagram funding may boost its valuation from $25M to $500M

March 8, 2012 4:49 PM Meghan Kelly

Meghan Kelly

Mobile photography application Instagram may be raising a $40 million round of funding, rocketing its valuation from $25 million to $500 million overnight.

The Wall Street Journal’s sources say that venture capitalists are definitely interested in the popular young company, …