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Monday, 06/25/2018 8:11:23 PM

Monday, June 25, 2018 8:11:23 PM

Post# of 49484
Oh Yes !! Catch Me If You Can !!!!!!!
Bloomberg: Instagram estimated worth $100B
Jun. 25, 2018 7:42 PM ET|By: Jason Aycock, SA News Editor
Instagram is estimated to be worth more than $100B if it were a stand-alone, Bloomberg data suggests.

Would that make it Facebook's (NASDAQ:FB) best investment? It would be a 100-bagger return for the company, which paid $1B for Instagram in 2012.

Instagram revenue is likely to edge past $10B over the next 12 months and it could account for about 16% of Facebook revenue in that span, up from a year-ago 10.6%, Bloomberg Intelligence analysts say.

Previously: Instagram hits 1B users, launches IGTV (Jun. 20 2018)

Previously: KeyBanc: Instagram key to new leg of growth at Facebook (Jun. 11 2018)

Previously: WSJ: Instagram readying long-form user video posting (Jun. 05 2018)
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