Facebook Buys Instagram: The Financing Factor
2012-04-09T22:37:02Z
Instagram was valued at $500 million after raising about $60 million last week from investors including Sequoia Capital, said people with knowledge of the funding who asked not to be identified because the matter is private. Bloomberg’s Jon Erlichman reports on Bloomberg Television’s “Bloomberg West.” (Source: Bloomberg)
Running Time: 02:10
April 9 (Bloomberg) -- Instagram was valued at $500 million after raising about $60 million last week from investors including Sequoia Capital, said people with knowledge of the funding who asked not to be identified because the matter is private. Bloomberg’s Jon Erlichman reports on Bloomberg Television’s “Bloomberg West.” (Source: Bloomberg)
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