Daily Archives: April 18, 2012
With all due respect to Facebook, paying $1 billion for Instagram smacks of desperation.
It's as if CEO Mark Zuckerberg is terrified of becoming irrelevant and is willing to spend insane amounts of money in order for Facebook remain on the forefront of cool.
That's a hopeless quest, though. Facebook may be many things, but it's not cool any longer. It lost that imprimatur back when it allowed corporate pages (yes, even yours) and advertising.