Instagram for Android hit an explosive one million downloads in less than 24 hours, reports The Next Web.
It's not too surprising that the app should be such success on Google's platform -- between opening pre-registration for the service and actually releasing the app, 430,000 people were signed up.
The New York Times reports that once the app was live, it saw 2,000 downloads per minute, making i...
Instagram For Android Got 2,000 Downloads Per Minute On Launch Day (GOOG)
Instagram for Android hit an explosive one million downloads in less than 24 hours, reports The Next Web.
It's not too surprising that the app should be such success on Google's platform -- between opening pre-registration for the service and actually releasing the app, 430,000 people were signed up.
The New York Times reports that once the app was live, it saw 2,000 downloads per minute, making it one of the most successful Android launches yet.
DON'T MISS: Our screenshot tour of Instagram for Android >
Please follow SAI on Twitter and Facebook.Join the conversation about this story »See Also:Instagram Accidentally Gets A Ton Of Website Traffic With 300 Million Monthly PageviewsHow Does Instagram Make Its Filters? Cofounder Kevin Systrom Shares A Taste Of His 'Secret Sauce'UPenn Student Skips 4 Classes To Create This Awesome Instagram Resume
Good morning! Here's the news:Apple's Fifth Avenue store finished a major makeover -- here's what it looks like.
Urban Airship raised $15 million from Verizon and Saleforce.
Video sharing is coming to Instagram.
Ustream CEO John Ham has stepped down -- here's what former employees have to say about it.
Khan Academy, an education startup, has raised $5 million.
Twitter's original iPhone developer h...
10 Things You Need To Know This Morning (AAPL, GOOG, BKS)
Good morning! Here's the news:
Apple's Fifth Avenue store finished a major makeover -- here's what it looks like.
Urban Airship raised $15 million from Verizon and Saleforce.
Video sharing is coming to Instagram.
Ustream CEO John Ham has stepped down -- here's what former employees have to say about it.
Khan Academy, an education startup, has raised $5 million.
Twitter's original iPhone developer has left the nest.
Eric Schmidt submitted written testimony to a Senate subcommittee saying that Google isn't as big as we think it is.
Apple handed out stock awards worth up to $60 million to some of its top executives.
Barnes & Noble will unveil its new Nook Color tablet today.
Firefox 8 comes out tomorrow, but here's how to get it now.
Please follow SAI on Twitter and Facebook.Join the conversation about this story »See Also:10 Things You Need To Know This Morning10 Things You Need To Know This Morning10 Things You Need To Know This Morning
At TechCrunch Disrupt in Beijing, Instagram CEO Kevin Systrom said that video sharing is the next step for the popular photo-sharing app.
But ultimately, Systrom said, the Instagram team's job and vision "is to allow you to tell the story of your life."
"We really want to go after something bigger than filtered photos," he added.
We sure hope big doesn't mean bloat, because simplicity is one ...
Video Sharing Is Coming Soon To Instagram, Our Favorite iPhone App
At TechCrunch Disrupt in Beijing, Instagram CEO Kevin Systrom said that video sharing is the next step for the popular photo-sharing app.
But ultimately, Systrom said, the Instagram team's job and vision "is to allow you to tell the story of your life."
"We really want to go after something bigger than filtered photos," he added.
We sure hope big doesn't mean bloat, because simplicity is one of Instagram's greatest assets.
Video sharing could be huge for Instagram, which has over nine million users.
While there are already video sharing apps out there like Socialcam and GLMPS, Instagram has one killer feature these apps don't: an incredible community of users.
Systrom didn't say when the new feature would be coming, but it's definitely on the horizon.
Still don't have Instagram? Grab it in the App Store for free.
Please follow SAI: Tools on Twitter and Facebook.Join the conversation about this story »See Also:iOS Is Getting Old: Here Are 9 Places Where Windows Phone Mango WinsTons Of iPhone 4S Users Can't Hear Calls Through The Phone's EarpieceHere Are The Best iPhone And iPad Apps You Missed This Week
Instagram was acquired by Facebook today for $1 billion in cash and stock.
It only has 13 employees. If all employees had equal shares (they didn't), that'd be $76.9 million per worker.
Meet 11 of the lucky employees and 9 investors behind Instagram.
Two other employees were hired during South by Southwest last month and their information wasn't available for this story.Kevin Systrom is Instagram'...
Meet The 13 Lucky Employees And 9 Investors Behind $1 Billion Instagram
Instagram was acquired by Facebook today for $1 billion in cash and stock.
It only has 13 employees. If all employees had equal shares (they didn't), that'd be $76.9 million per worker.
Meet 11 of the lucky employees and 9 investors behind Instagram.
Two other employees were hired during South by Southwest last month and their information wasn't available for this story.Kevin Systrom is Instagram's CEO and co-founder
Date joined: June 2010
Role and career history: Kevin Instagram was a product manager at NextStop before co-founding Instagram with Mike Krieger. Prior to that he was a corporate development associate at Google.
Systrom owned 40% of Instagram when it was acquired.
Mike Krieger is co-founder of Instagram
Date joined: June 2010
Role and career history: "Kevin Systrom and I started Instagram in mid-2010 and both designed and developed the application," he writes on LinkedIn. Prior to Instagram, Krieger was a user experience designer and engineer at Meebo and a graduate of Stanford University.
Krieger owned 10% of Instagram when it was acquired by Facebook.
Dan Toffey works on Community for Instagram
Date joined: March 2012
Role and career history: Toffey may be Instagram's only non-San Francisco-based employee. Based in Washington D.C., he works on community for Instagram. Prior to joining Instagram he was web communications manager at Commodity Futures Trading Commission.
See the rest of the story at Business Insider
Please follow SAI on Twitter and Facebook.See Also:WELL-PLAYED ZUCKERBERG: Buying Instagram For $1 Billion Is A BRILLIANT MoveKevin Systrom First Turned Down Facebook — Now Mark Zuckerberg Bought Him For $1 BillionWhat Normal People Really Think Of Instagram
Instagram co-founder Kevin Systrom owned 40 percent of the company when Facebook purchased it for $1 billion today.
That means Systrom got about $400 million out of the deal today, according to a report from Wired.
Co-founder Mike Krieger owns 10 percent of the company and will get around $100 million.
This ownership breakdown in Wired doesn't appear to account for a new $50 million round which cl...
Instagram Co-Founder Kevin Systrom Earned $400 Million Today
Instagram co-founder Kevin Systrom owned 40 percent of the company when Facebook purchased it for $1 billion today.
That means Systrom got about $400 million out of the deal today, according to a report from Wired.
Co-founder Mike Krieger owns 10 percent of the company and will get around $100 million.
This ownership breakdown in Wired doesn't appear to account for a new $50 million round which closed on Thursday last week.
Here's how the rest of the investors and employees made out, according to Wired:
Benchmark Capital owns 18 percent, picks up $180 million.
Andreessen-Horowitz owns 10 percent, picking up $100 million.
Baseline Ventures owns 10 percent, picking up $100 million.
The rest of Instagram's employees own about 10 percent of the company and will split $100 million between themselves.
The new $50 million round amounted to 10 percent of the company (at a $500 million valuation) and included investors Thrive Capital, Greylock Partners, Sequoia Capital and Benchmark Capital.
Please follow SAI on Twitter and Facebook.Join the conversation about this story »See Also:Instagram's $1 Billion Payday Is Proof That Apple Has The Best Platform For DevelopersHere's How Buying Instagram For $1 Billion Helps Facebook's IPOInstagram Was Facebook's Biggest Threat
Instagram Founder: How To Make Mobile Apps That People LOVE
The iPhone app Instagram grew from 1 million to 15 million downloads in 2011, thanks to the way it makes your (sometimes crumby) photos look artsy and special. But that's not the only growth driver. The app's social network has boosted adoption too, with mobile users sharing and rating.
In contrast, go to Instagram.com on your Web browser and the experience is radically different. There's little hint of how cool and addictive the service is. At best, the site's blog has the visual appeal of an awesome Tumblr. But the functionality and community are lost.
Yep, mobile is an entirely new world. So how did Kevin Systrom, Mike Krieger and their team create a mobile app people LOVE? What features and approaches shape the top mobile-native social services? And how will Instagram make money?
Find out at IGNITION West, Business Insider's conference on the future of mobile, taking place March 21, 2012, in San Francisco, where Systrom will be interviewed. Tickets are still on sale now. And there's a special startup rate.
You'll also hear from Kevin Rose, the Digg co-founder who is now at the helm of Milk, the mobile development lab churning out mobile-native services that take advantage of possibilities from the iOs' form factors to mobile's inherently geo-local use case. Milk's app Oink helps users rank individual parts of an experience, from a piece of art at a museum, to a dish or cocktail at a restaurant.
Oink scored 100,000 downloads in 3 weeks. Find out how next month at IGNITION West!
Other speakers on mobile topics from iPad and tablets, platforms, gaming and m-commerce include:
David Ko, Chief Mobile Officer, Zynga
Paul Cousineau, VP Mobile Products, Walmart
Bart Decrem, SVP & GM, Disney Mobile
Mike Ghaffary, VP Mobile & BD, Yelp
Ben Horowitz, Co-founder & General Partner, Andreessen Horowitz
Richard Kerris, VP & Global Head of Developer Relations, Nokia
Holger Luedorf, VP Mobile & Partnerships, Foursquare
Scott McGregor, CEO, Broadcom
David Temkin, SVP Mobile, AOL
Atif Rafiq, GM, Kindle Direct Publishing, Amazon
Peter Vesterbacka, Mighty Eagle (CMO), Rovio
These industry experts will discuss the top business opportunities for entrepreneurs and intra-preneurs working with mobile consumers. Check out the IGNITION West speaker page or agenda for more info.
See you in March!
Please follow Business Insider on Twitter and Facebook.Join the conversation about this story »See Also:Finally! The Agenda Is Up For IGNITION West And It's Pretty CoolHey Apple: Here's A Company That's Already Disrupting EducationAfter CES, You Can Follow Mobile At IGNITION West
Statistics That Reveal Instagram's Mind-Blowing Success
Along with the release of its new Android application, Instagram released a bunch of new statistics about the photo-sharing app's usage.
Here's the full breakdown:
More than 430,000 on the wait list for the Android app
More than 30 million registered users
More than 1 billion photos uploaded
More than 5 million photos uploaded every day
575 "likes" every second
81 comments every second
Pretty amazing growth for a company with 9 employees that's just more than a year old.
Please follow SAI on Twitter and Facebook.Join the conversation about this story »See Also:Instagram Just Increased Its Workforce By 12.5%Here's What It's Like To Build A Software Program Over The WeekendWalter Isaacson: This Is Why Steve Jobs Was A Great Entrepreneur
15 Interesting Startups From Ex-Googlers (GOOG)
One of the more impressive, if understated, effects of Google's success has been the proliferation of entrepreneurs that spent time at Mountain View.
On Quora, we saw a thread listing all the startups that have sprung from ex-Google employees.
The total number was 49, which, granted, isn't an overwhelming number, but it's more than most big tech companies.
We've taken a look at just 15 of these startups to highlight the kinds of companies founded by ex-Googlers.Aardvark was a Q&A startup that Google bought for $50 million.
A few former Google employees decided to take a chance on making a social search startup. A user could ask a question, which Aardvark would then route to the user's friends looking for an answer. Once it was answered it came back to the user. Google must have thought it was an interesting idea because it bought the company for $50 million.
Evan Williams left Google to build Twitter
Evan Williams sold his company Blogger to Google in 2003. In 2004 he cofounded Odeo, a podcasting company, which later became Twitter, which is now valued at $4 billion by investors. Considering Google's many struggles with social, and it's reported interest in buying Twitter, this must be the toughest of all the post-Google startups to swallow for Google's execs.
Foursquare was born from the ashes of Dodgeball, which Google shut down
Here's another tough one for Google management. Google acquired Dodgeball, a social startup based on telling your friends what you were up to, in 2005 for a small sum. It killed the service four years later. The founders of Dodgeball had already left the company, planning to relaunch it as Foursquare, a mobile application that does the same thing. Today Foursquare is valued at well over $100 million, and ex-Google employee, and Foursquare cofounder Dennis Crowley was called "The New King of social media," by Wired.
View more at Business InsiderSee Also:Here's Why It's Not Crazy For Zynga To Have A $10 Billion Valuation -- A Q&A With Michael Lazerow Of Buddy MediaGoogle Tried To Buy Ad Startup Admeld, But Talks Broke Down Over Price
