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How I hacked Instagram to see your private photos - insertCoin

Stashed in: Instagram!, Privacy does not exist.

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I'm beginning to think that no one who writes social software understands privacy.

just now?  haha  The incentives are not there.  Minimal Viable Product and Seed Rounds -> Series A. Growth growth growth. 

where is the idea of being a good steward of others information fit into the desire to 1) make something cool 2) make money?

Instagram is long past its seed and Series A. It's a billion dollar company.

And still no incentive to worry about privacy.

So to answer your question, 1 and 2 trump "good steward".

and this is one good reason why there will always be security issues

Good news if you're in the security business.

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