Zuckerberg on Instagram: 'We don't plan on doing many more of these'
– Mark Zuckerberg, FOUNDER OF FACEBOOKIt's the first time we've ever acquired a product and company with so many users... We don't plan on doing many more of these.
Why are Facebook buying Instagram for $1bn?
Can a company that has existed for 500 days, has only 13 members of staff and produces no revenue be worth $1 billion?
Facebook to buy Instagram for $1 billion
Facebook's founder describes it as "an important milestone" as he offers a huge price for a company with around a dozen employees.
