When I see the 5 o’clock news, I don’t wanna grow up
Right before its billion dollar acquisition from Facebook, Instagram closed a $50 million Series B round from Sequoia, Josh Kushner’s Thrive Capital, Greylock and Benchmark at a $500 million valuation.
{ TechCrunch | Continue reading }
This will make you think: at its current, public market valuation, the New York Times company is worth about $50 million less than the $1 billion dollars that Facebook just paid for Instagram. (…) They could have bought the New York Times, and used the spare to fund Instagram’s entire last round.
{ The Next Web | Continue reading | Thanks Tim }
oil on canvas { Brendan Lott }
