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Instagram sold for 12,000 times what Kodak is worth.

Stashed in: Silicon Valley!, Black Swans!

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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:

Social photos are worth a lot more than photos.

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