If you remember, last April, Mark Zucherberg via his Facebook profile, had proudly announced that the social network had reached an agreement for the acquisition of Instagram, the popular photo sharing service, for $ 1 billion dollars. As I had predicted, it was understood that $ 1 billion was to be paid partly in cash and the other actions. This was indeed the case, but certainly not in the best proportions for former owners Instagram. In fact, Facebook is clearly refusing to pay 1 billion cash to Instagram, they had agreed that the billion is paid in cash to the tune of $ 300 million and the balance in shares. But now, since the action of Facebook is constantly collapsing, which ultimately reduces the acquisition of Instagram to less than 1 billion but around 735 million. While it is true that it is always easier to say after this, but according to the New York Times, the founders would be perfectly able to negotiate, and therefore include in the agreement an adjustment is made according to the value of action and not just fix the number of shares.
Well, we do not complain about the former owners of Instagram, but one thing is certain is that the negotiation was conducted masterfully by Facebook.
No comments:
Post a Comment