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"Instagram sold prematurely." ~Doug Leone

Stashed in: Founders, Silicon Valley!, Mobile!, Facebook!, Instagram!

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"Instagram sold completely prematurely. A billion dollars sounded great to the founders. Imagine what Instagram could be. It could be the next Facebook on the mobile phone." ~Doug Leone of Sequoia Capital

 Not if you ask Facebook :)

I'm thinking that's why Facebook wanted to buy Instagram.

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