The fair Instagram valuation: $3 billion | Hacker News

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		The fair Instagram valuation: $3 billion (justinsb.com)
		6 points by justinsb on April 11, 2012 \| hide \| past \| favorite \| 2 comments

rys on April 11, 2012 [–]

Facebook doesn't value an Instagram user at $30 at all. Dividing sale price by user count gives you a totally useless number in the wider context of the acquisition.

justinsb on April 11, 2012 | [–]

That's an assertion, and I'd love to hear the explanation behind it.

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