Instagram: Difference between revisions
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Revision as of 20:59, 9 April 2012
This article may be affected by a current event. Information in this article may change rapidly as the event progresses. Initial news reports may be unreliable. The last updates to this article may not reflect the most current information. (April 2012) |
File:Instagram Screenshot.png | |
Original author(s) | Burbn, Inc. |
---|---|
Developer(s) | Facebook Inc. |
Initial release | October 6, 2010 |
Operating system | iOS 3.1.2 or later; Android 2.2 or later |
Size | 12.5 MB |
Available in | English, Chinese, French, German, Italian, Japanese, Korean, Portuguese, Spanish |
Type | Photo & Video |
License | Freeware |
Website | Official website |
Instagram is a free photo sharing application that allows users to take a photo, apply a digital filter, then share it on a variety of social networking services including Instagram's own.[1] A distinctive feature confines photos into a square shape, in homage to both the Kodak Instamatic and Polaroid cameras. This contrasts with the 4:3 aspect ratio more typically used by mobile device cameras.
Instagram was initially supported on iPhone, iPad, and iPod Touch; in April 2012, the company added support for Android camera phones running 2.2 (Froyo) or higher. It is distributed via the iTunes App Store and Google Play.[2]
On April 9, 2012, Facebook announced it would acquire the company (and its 13 employees)[3] for approximately $1 billion in cash and stock.[4][5]
History
Instagram development began in San Francisco, when Kevin Systrom and Mike Krieger chose to focus their multi-featured HTML5 check-in project Burbn on mobile photography.[6]
On March 5, 2010, Systrom closed a $500,000 seed funding round from Baseline Ventures and Andreessen Horowitz while working on Burbn.[7]
The product launched in Apple's App Store on October 6, 2010.[8] Shortly after the launch, Josh Riedel joined the company as Community Manager.[citation needed] Shayne Sweeney joined in November 2010 as an engineer and Jessica Zollman was hired as a Community Evangelist in August 2011.[9][10][11]
In January 2011 Instagram added hashtags to help users discover both photos and each other.[12] In September, version 2.0 went live in the App Store (iOS). It included new and live filters, instant tilt shift, high resolution photos, optional borders, one click rotation and an updated icon.[13]
On February 2, 2011, it was announced that Instagram raised $7 million in Series A funding from a variety of investors, including Benchmark Capital, Jack Dorsey, Chris Sacca (through Capital fund), and Adam D'Angelo.[14] The deal valued Instagram at around $25 million.[15]
On April 3, 2012, Instagram for Android was released.[citation needed] That same week, Instagram raised $50 million from venture capitalists for a share of the company that valued it at $500 million.[15] On April 9th, it was announced that Instagram would be acquired by Facebook for approximately $1 billion in cash and stock.[16][4] The deal, which was made just before Facebook was scheduled to go public, cost Facebook about a quarter of the cash-on-hand they had as of the end of 2011; the deal was for a company characterized as having "lots of buzz but no business model" and was contrasted with Yahoo!'s acquisition of Flickr in 2007 for $35 million,[5] a website which has since become among the 50 most popular in the world.[17]
Popularity
Users
By December 2010, Instagram had one million registered users[18]. In June 2011 Instagram announced five million users,[19] passing ten million in September the same year.[20]
Instagram announced that 100 million photos had been uploaded to its service as of July 2011. The total reached 150 million in August.[21][22] In April 2012, it was announced that over 30 million accounts were set up on Instagram.[23]
Instagram's new Android version in Google Play crossed more than one million downloads within 12 hours.[24]
Awards
- In January 2011, Instagram was the runner-up for “Best Mobile App” at the 2010 TechCrunch Crunchies.[25]
- In May 2011, Fast Company listed CEO Kevin Systrom at number 66 in the “The 100 Most Creative People in Business in 2011”.[26]
- June 2011, Inc. (magazine) included co-founders Systrom and Krieger in its 2011 "30 Under 30" list.[27]
- In September 2011, Instagram won "Best Locally Made App" in the SF Weekly Web Awards.[28]
- 7x7 Magazine's September 2011 issue featured Systrom and Krieger on the cover of their “The Hot 20 2011” issue.[29]
- In December 2011, Apple Inc. named Instagram "App of the Year" for 2011.[30]
References
This article may rely excessively on sources too closely associated with the subject, potentially preventing the article from being verifiable and neutral. (December 2011) |
- ^ Frommer, Dan (1 November 2010). "Here's How To Use Instagram". Business Insider. Retrieved 20 May 2011.
- ^ "Instagram comes to Android, available to download now".
- ^ Ante, Spencer E. "Financing to Value Instagram at $500 Million". Wall Street Journal. Retrieved April 9, 2012.
- ^ a b "Facebook to Acquire Instagram". Facebook. Apr 9, 2012. Retrieved Apr 9, 2012. Cite error: The named reference "Facebook" was defined multiple times with different content (see the help page).
- ^ a b Segall, Laurie. "Facebook acquires Instagram for $1 billion". Money. CNN. Retrieved April 9, 2012.
- ^ Systrom, Kevin (Oct 7, 2010). "What is the history of Instagram". Quora. Retrieved Sept 2, 2011.
{{cite web}}
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(help) - ^ Siegler, MG (Mar 5, 2010). "Burbn's Funding Goes Down Smooth. Baseline, Andreessen Back Stealthy Location Startup". TechCrunch. Retrieved Oct 4, 2011.
- ^ "Welcome to Instagram". Instagram (blog). Oct 6, 2010. Retrieved Oct 4, 2011.
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(help) - ^ Siegler, MG (Nov 17, 2010). "Instakarma: Instagram Expands Team And Moves Into Twitter's Original Office". TechCrunch. Retrieved Sept 2, 2011.
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(help) - ^ Beltrone, Gabriel (July 29, 2011). "Instagram Surprises With Fifth Employee Small-staffed photo startup hires an early adopter to evangelize". AdWeek. Retrieved Sept 2, 2011.
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(help) - ^ "Welcome to the Instagram Team, Oli Ryan". Instagram (blog). Aug 31, 2011. Retrieved Sept 2, 2011.
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(help) - ^ "Introducing Hashtags on Instagram". Instagram (blog). Jan 27, 2011. Retrieved Oct 4, 2011.
- ^ "Introducing Instagram v2.0". Instagram (blog). Sept 20, 2011. Retrieved Oct 4, 2011.
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(help) - ^ Siegler, MG (Feb 2, 2011). "Instagram Filters Through Suitors To Capture $7 Million In Funding Led By Benchmark". TechCrunch. Retrieved Oct 4, 2011.
- ^ a b Primack, Dan (April 9, 2012). "Did Facebook panic?". Fortune. CNN. Retrieved April 9, 2012.
- ^ "Breaking: Facebook buying Instagram for $1 billion". Fortune. CNN. Retrieved April 9, 2012.
- ^ "Alexa Statistics Summary for flickr.com". Retrieved April 9, 2012.
- ^ "The Instagram Community - One Million and Counting". Instagram. Dec 21, 2010. Retrieved Oct 4, 2011.
- ^ Siegler, MG (June 13, 2011). "At 5 Million Users, It's Hard Not To View Instagram Through A Rose-Colored Filter". techcrunch.com. Retrieved Oct 4, 2011.
- ^ "The Instagram Community - Ten Million and Counting". Instagram. Sept 26, 2011. Retrieved Oct 4, 2011.
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(help) - ^ "Testing, Testing…". Instagram. July 16, 2011. Retrieved Oct 4, 2011.
- ^ "150,000,000 Photos". Instagram. Aug 3, 2011. Retrieved Oct 4, 2011.
- ^ "Instagram for Android — Available Now". Instagram. April 3, 2012. Retrieved April 9, 2012.
- ^ "Instagram Android crossed 1 Million Download in just 12 Hours". sKoolBoyz.
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suggested) (help) - ^ "Congratulations Crunchies Winners!". TechCrunch: The Crunchies Awards. Jan 25, 2011. Retrieved Oct 4, 2011.
- ^ "The 100 Most Creative People in Business in 2011". FastCompany. May 2011. Retrieved Oct 4, 2011.
- ^ Lagorio, Christine (June 27, 2011). "Kevin Systrom and Mike Krieger, Founders of Instagram". INC. Retrieved Oct 4, 2011.
- ^ Swearingen, Jake (Sept 2, 2011). "SF Weekly Web Awards 2011: We Have Some Winners!". Retrieved Oct 4, 2011.
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(help) - ^ "The Hot 20 2011". 7x7 Magazine. Sept 23, 2011. Retrieved Oct 4, 2011.
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(help) - ^ Tsukayama, Hayley (Dec 9, 2011). "Apple names Instagram top app of the year". Washington Post. Retrieved Dec 9, 2011.