<?xml version="1.0" encoding="UTF-8"?><?xml-stylesheet type="text/css" media="screen" href="http://s2.wp.com/wp-content/themes/vip/newyorkobserver/stylesheets/rss.css"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	xmlns:georss="http://www.georss.org/georss" xmlns:geo="http://www.w3.org/2003/01/geo/wgs84_pos#" xmlns:media="http://search.yahoo.com/mrss/"
	>

<channel>
	<title>Betabeat &#187; 70 Percent of What Facebook Paid for Instagram Was in Stock</title>
	<atom:link href="http://betabeat.com/2012/04/70-percent-of-what-facebook-paid-for-instagram-was-in-stock/feed/" rel="self" type="application/rss+xml" />
	<link>http://betabeat.com</link>
	<description>Just another WordPress.com site</description>
	<lastBuildDate>Sun, 19 May 2013 20:42:56 +0000</lastBuildDate>
	<language></language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.com/</generator>
<cloud domain='betabeat.com' port='80' path='/?rsscloud=notify' registerProcedure='' protocol='http-post' />
<image>
		<url>http://s2.wp.com/i/buttonw-com.png</url>
		<title>Betabeat &#187; 70 Percent of What Facebook Paid for Instagram Was in Stock</title>
		<link>http://betabeat.com</link>
	</image>
	<atom:link rel="search" type="application/opensearchdescription+xml" href="http://betabeat.com/osd.xml" title="Betabeat" />
	<atom:link rel='hub' href='http://betabeat.com/?pushpress=hub'/>
		<item>
				
		<title>70 Percent of What Facebook Paid for Instagram Was in Stock</title>

		<comments>http://betabeat.com/2012/04/70-percent-of-what-facebook-paid-for-instagram-was-in-stock/#comments</comments>
		<pubDate>Mon, 23 Apr 2012 17:11:24 -0400</pubDate>
					<link>http://betabeat.com/2012/04/70-percent-of-what-facebook-paid-for-instagram-was-in-stock/</link>
			<dc:creator>Jessica Roy</dc:creator>
				
		<guid isPermaLink="false">http://www.betabeat.com/?p=41691</guid>
		<description><![CDATA[<p><div id="attachment_41693" class="wp-caption alignleft" style="width: 177px"><a href="http://www.betabeat.com/2012/04/23/70-percent-of-what-facebook-paid-for-instagram-was-in-stock/73273_773684942011_4_40639956_2125564_n-2-2/" rel="attachment wp-att-41693"><img class=" wp-image-41693 " title="73273_773684942011_4_40639956_2125564_n-2" src="http://nyobetabeat.files.wordpress.com/2012/04/73273_773684942011_4_40639956_2125564_n-2.jpeg" alt="" width="167" height="180" /></a><p class="wp-caption-text">Mr. Zuckerberg (Facebook)</p></div></p>
<p>Looks like Instagrammers won't be rolling in dough just yet: Facebook revealed in its S-1 <a href="http://www.sec.gov/Archives/edgar/data/1326801/000119312512175673/0001193125-12-175673-index.htm">filing</a> today that it shelled out just $300m in cash for Instagram, as well as 23m shares of Facebook stock. The filing is confirmation of Dealbook's <a href="http://dealbook.nytimes.com/2012/04/18/with-instagram-deal-facebook-shows-its-worth/">report</a> last week. <a href="http://blogs.wsj.com/digits/2012/04/23/facebook-bought-instagram-for-23m-shares-300m-cash/?mod=WSJBlog">According</a> to the <em>Wall Street Journal</em>, "Monday’s disclosure indicated that stock accounted for about 70% of the purchase price and that the shares were valued at roughly $30 apiece."</p>
<p>$300 million is a ton of cash, but once Facebook officially goes <a href="http://www.betabeat.com/2012/04/19/looks-like-facebook-goes-public-may-17/">public</a> on May 17th, Instagram employees stand to get even richer. Because you know what's <a href="http://www.imdb.com/title/tt1285016/">cooler</a> than a million dollars? A <em>billion</em> <a href="http://www.betabeat.com/2012/04/18/booting-up-a-billion-dollars-edition/">dollars</a>, even if it's mostly in stock.</p>
]]></description>
		<content:encoded><![CDATA[<p><div id="attachment_41693" class="wp-caption alignleft" style="width: 177px"><a href="http://www.betabeat.com/2012/04/23/70-percent-of-what-facebook-paid-for-instagram-was-in-stock/73273_773684942011_4_40639956_2125564_n-2-2/" rel="attachment wp-att-41693"><img class=" wp-image-41693 " title="73273_773684942011_4_40639956_2125564_n-2" src="http://nyobetabeat.files.wordpress.com/2012/04/73273_773684942011_4_40639956_2125564_n-2.jpeg" alt="" width="167" height="180" /></a><p class="wp-caption-text">Mr. Zuckerberg (Facebook)</p></div></p>
<p>Looks like Instagrammers won't be rolling in dough just yet: Facebook revealed in its S-1 <a href="http://www.sec.gov/Archives/edgar/data/1326801/000119312512175673/0001193125-12-175673-index.htm">filing</a> today that it shelled out just $300m in cash for Instagram, as well as 23m shares of Facebook stock. The filing is confirmation of Dealbook's <a href="http://dealbook.nytimes.com/2012/04/18/with-instagram-deal-facebook-shows-its-worth/">report</a> last week. <a href="http://blogs.wsj.com/digits/2012/04/23/facebook-bought-instagram-for-23m-shares-300m-cash/?mod=WSJBlog">According</a> to the <em>Wall Street Journal</em>, "Monday’s disclosure indicated that stock accounted for about 70% of the purchase price and that the shares were valued at roughly $30 apiece."</p>
<p>$300 million is a ton of cash, but once Facebook officially goes <a href="http://www.betabeat.com/2012/04/19/looks-like-facebook-goes-public-may-17/">public</a> on May 17th, Instagram employees stand to get even richer. Because you know what's <a href="http://www.imdb.com/title/tt1285016/">cooler</a> than a million dollars? A <em>billion</em> <a href="http://www.betabeat.com/2012/04/18/booting-up-a-billion-dollars-edition/">dollars</a>, even if it's mostly in stock.</p>
]]></content:encoded>
		<wfw:commentRss>http://betabeat.com/2012/04/70-percent-of-what-facebook-paid-for-instagram-was-in-stock/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
		<media:content url="http://2.gravatar.com/avatar/becf95fa833b8aeb13f7720732bd6dc6?s=96&#38;d=identicon&#38;r=G" medium="image">
			<media:title type="html">jhanasobserver</media:title>
		</media:content>

		<media:content url="http://nyobetabeat.files.wordpress.com/2012/04/73273_773684942011_4_40639956_2125564_n-2.jpeg" medium="image">
			<media:title type="html">73273_773684942011_4_40639956_2125564_n-2</media:title>
		</media:content>
	</item>
	</channel>
</rss>
