Who remembers the ‘Dotcom Bubble’? When everyone went mad about online.
Back then internet businesses were valued in the millions and billions before they had even started trading. Then someone went ‘Hang on a lastminute.com’ and the whole thing went down the swanny.
Well you could be mistaken for thinking history is repeating itself. Mark Zuckerberg, the head chap at Facebook bought something called ‘Instagram’ for $1 billion.
Instagram – proving you can have your cake and eat it