“Instagram is a free photo sharing program that allows users to take a photo, apply a digital filter to it, and then share it on a variety of social networking services, including Instagram’s own.”
I never understood the appeal. Never. I mean I use filters and share pictures on the internet too but…
“With Instagram selling for $1bil & Draw Something selling for $200mm, why would any innovator bother trying to solve real world problems.”
@tomkrieglstein
Instagram became successful because they were exclusive. In one week, the Android app and the FB announcement made it everything but exclusive. Exclusivity brings power users, stars, fans and envy from the rest. The problem today is that it’s a little like privacy, exclusivity is dead. If it’s successful it can’t afford to be exclusive. Power users and big fans hate not feeling special.
Instagram grew fast because people somehow constantly want new stuff to make things easier, like an app with built-in filters and social network. Users just don’t care enough about giving their pictures away to a company with no business plan at all.
A billion dollars. Shit.