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Can Instagram be worth $1bn?

Can a two-year-old photo sharing app really be worth $1bn? It would buy you some some 2,100 Rolls Royce Phantoms. Or 200 million mosquito nets to fight malaria. Or the whole of the New York Times company (with $50m change to spare). If you are Microsoft, it buys you some 800 AOL patents to fight the next patent war.

 

Storie: A Photo-Sharing App that Actually Does Something Cool

There have been some newsworthy failures over the last couple of years in the photo-sharing field. Facebook has pretty much replaced the need for stand-alone apps because it does everything that most people want, allowing sharing to be relatively seamless between smartphone and profile. After years of searching, I've finally found an app worth using.

 

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