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This 100-fold return proved that Facebook could turn visions of growth into reality. Today, the market expects Instagram to generate more than $8 billion in revenue. IG Market Worth Other Companies Logo V4 61 Source As history proved, Instagram not only managed to stand on its own feet but these days Instagram grows more than Facebook. It’s actually one of the most successful acquisitions in the tech world. 5. FriendFeed Acquired on:
August 10, 2009 Acquisition cost: $47.5 million FriendFeed, although Email List no longer in existence, is worth mentioning due to its historic significance for Facebook, as well as being a core component of Facebook’s UX. Without FriendFeed, Facebook would not be the same today – and possibly wouldn’t be one of the big five tech companies either. FriendFeed was founded in 2007, and . In practice, it was a real-time feed aggregator with one mission: “to glue together the web.
Up to this day, FriendFeed’s influence on the #1 social media network is still present. For example, the ‘Like’ button traces back to the need for FriendFeed to create a mechanism that would let users know that their friends appreciate what they post. FriendFeed introducing the Like button / Source Facebook acquiring FriendFeed, meant, first and foremost, adding the FriendTeam to its ranks. All four founders were former Google employees, who were involved in projects including Gmail, AdSense, and Google Maps. Besides, it managed to do something Google hadn’t even dreamed of: to create a real-time web experience.
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