Zuckerberg Says Facebook's Purchase Of Instagram Is A One-Time Deal Of This Scale

Buried in the new release that Facebook is buying Instagram is a suggestion from Facebook CEO Mark Zuckerberg that this is a one-time deal.
"This is an important milestone for Facebook because it'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, if any at all," Zuckerberg said in his announcement.
We're skeptical.
There was a time that Mark Zuckerberg also never thought he would take Facebook public. The company is eight years old.
Executives change their minds all the time — and Zuckerberg might change his mind on this one too.
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See Also:
- Instagram's $1 Billion Payday Is Proof That Apple Has The Best Platform For Developers
- Here's How Buying Instagram For $1 Billion Helps Facebook's IPO
- Instagram Was Facebook's Biggest Threat
source: www.businessinsider.com
9 Apr 2012
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