Startup Instagram / Facebook Apr23

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Startup Instagram / Facebook

be smart Facebook talks with Instagram suggest a $104 billion valuation for Facebook.
To win over Instagram, Facebook was forced to show its hand. Facebook bought the photo-sharing service for $1 billion in early April, agreeing to pay roughly 30 percent in cash and 70 percent in stock, according to people briefed on the negotiations who did not want to be identified because the discussions were private. At that level, Facebook is pegging its own stock price at roughly $30 a share. Based on those numbers, the giant social network is valued at north of $75 billion. But Facebook could actually be worth more…
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