Instagram was bought by Facebook for a Billion Dollars

In Articles, Words by Ben

Well that’s not strictly true; a lot of the value is in Facebook’s stock, and can’t be realised for years. But nonetheless, an incredible amount has been spent on a two-year-old (photography? mobile app?) company that has less than twenty staff. Meanwhile, Kodak, maker of Tri-X and Kodachrome films and apparently inventor of the digital camera is going bankrupt. This …