StatspottingFrom the Statspotting archive

· Absolute Shockers

1.82 Million USD: Average Daily Value Built By Instagram Employees

How is that for productivity? A billion dollars in 551 days. We spotted this today:

" which is just 551 days old, has 30 million users uploading 5m photos a day, and which just a week ago sold a 10% stake for $50m of venture capital funding from Sequoia Capital and Greylock Partners, effectively valuing it at $500m."

Statistics Source: Guardian

We had spotted multiple instagram stats before.

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