Instagram sold for 12,000 times what Kodak is worth.
Adam Rifkin stashed this in Instagram!
Stashed in: Silicon Valley!
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Kodak despite $6 billion in annual revenues had to file for bankruptcy and was delisted from the NYSE 3 months ago.
Eastman Kodak is now worth $80 million according to the over-the-counter markets.
Another data point in the theory that software is disrupting industries: http://pandawhale.com/convo/202/software-companies-are-poised-to-take-over-large-swathes-of-the-economy
Social photos are worth a lot more than photos.
3:31 PM Apr 14 2012