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This One Tweet Tells You What A Great Deal Facebook Got On Instagram

Jay YarowApr 7, 2014, 21:03 IST

This is a great tweet from hedge fund manager Eric Jackson:

Facebook has been on a tear buying companies - Oculus Rift for $2 billion, WhatsApp for $19 billion. Part of Zuckerberg's M&A spree has to be driven by the success of Instagram.

The Instagram-Twitter comparisons aren't perfect since Instagram hasn't turned on advertising in the same way Twitter has. But, it's coming, and when it does, it should be another spigot of cash for Facebook.