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

Matt Lynley

facebook, mark zuckerberg, getty

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


9 Apr 2012
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