Who Founded Instagram
The photo-sharing and later on video-sharing, social media firm's growth started when the founders preferred to focus their multi-featured HTML5 check-in job, Burbn, on mobile digital photography.
The Brazilian entrepreneur as well as software application designer Krieger realized, Burbn became as well much like Foursquare. Burbn was then rotated to become more concentrated on photo-sharing.
The name Instagram is originated from the words "instantaneous cam" as well as "telegram". Their iOS app was officially released with Apple's Application Store on October 6th, 2010 and also later on to Android on April 3rd, 2012 with Google Play (a.k.a. Android Market).
Today it flaunts over 800 million registered users globally and also more than 450 million people use the platform each day.
Many professionals, myself included, think that it can reach a billion customers later on this year. That's more than double the month-to-month active individuals of Twitter and over three times as lots of customers on Facebook Messenger and WhatsApp.
More than 80% of its customers lie outside of the USA.
Facebook announced their procurement of Instagram on April 9th, 2012 for $1 billion in cash and stock, along with 13 staff members.