Does anyone else think this valuation is insane? It's like $300/registered user.... | Hacker News

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		mrgreenfur on April 9, 2012 \| parent \| context \| favorite \| on: Facebook acquires Instagram Does anyone else think this valuation is insane? It's like $300/registered user. The company doesn't have a business model. No way the handful of employees are worth $1B. My mind is blown.

vluft on April 9, 2012 | [–]

More like $30/user, I should note. They have 30 million on iOS and some number > 1 million on android.

amcnellis on April 9, 2012 | [–]

Really boggles the mind. Would love to see the company's financials.

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