8 Successful Services That Initially Failed
Instagram is a popular online photo-sharing, video-sharing and social networking service that enables its users to take pictures and videos, and share them on a variety of social networking platforms, such as Facebook, Twitter, Tumblr and Flickr using their Smartphones.
But did you know initially when Instagram started, it din have the photo element to it at all and lacked some of the best features which are present now amidst all the other plus points.
Instagram started as Burbn -- a social check-in app which combined Foursquare and gaming parts from Mafia Wars. But then the team decided to clear out all the other features on the app and focus on the main element of photo-sharing and editing. The service gained immense popularity with the users count growing to over 200 million active users and gets close to 1.6 billion likes on a variety of photos on the site. Instagram was acquired by Facebook in 2012 for approximately $1 billion in cash and stocks.
Facebook, the biggest social networking site which has grown to be the one of the main mediums in this internet dominated era helps us connect with our friends and family. The site has become our digital identity by allowing us to grow our expressive skills by letting us post our photos, create groups, write posts and comment on it.
Perhaps, after Alibaba- a Chinese e-commerce group, Facebook’s IPO has been one of the largest in technology with a highest market capitalization of more than $104 billion. On the other hand, the social networking site owns four of the most popularly used social products in the world.
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