For the amount of $1 billion ($300 million in cash and the rest in stock), the acquisition of Instagram by Facebook in April 2012, about 18 months after the photo sharing app launched, made global news headlines.
While the development may seem like a dream come true for any young entrepreneur, Instagram founder and CEO Kevin Systrom tells Vanity Fair magazine that the experience was one that felt more like a roller-coaster ride with ups and downs ranging from missed opportunities to “œaha“ moments.
Vanity Fair finds out what really happened between Mark Zuckerberg and Kevin Systrom behind the scenes of this significant acquisition.
You can read the article on Vanity Fair’s website here.
