Instagram was zero revenue when bought by Facebook. And Siri when acquired by Ap... | Hacker News

Hacker News new | past | comments | ask | show | jobs | submit

login

taysic on Aug 31, 2017 | parent | context | favorite | on: How the GDPR Will Disrupt Google and Facebook

Instagram was zero revenue when bought by Facebook. And Siri when acquired by Apple. I wouldn't describe it as a hobby.

riffraff on Aug 31, 2017 [–]

I am pretty sure instagram had revenue, even if no profit. It was a paid app, the money must have gone somewhere.

traek on Aug 31, 2017 | [–]

Instagram has never been a paid app.

riffraff on Aug 31, 2017 | | [–]

oh, sorry I was thinking of whatsapp!

Join us for AI Startup School this June 16-17 in San Francisco!
Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact