Comment on How Instagram Could Have Cut a Better DealComments−jonknee14yThis was a well known fact from the get go. TechCrunch on May 17th:http://techcrunch.com/2012/05/17/facebooks-38-share-price-ma...> When Facebook agreed to buy Instagram, it said it would pay with $300 million in cash and 22,999,412 shares of stock. That stock is now worth nearly $874 million, creating a $1.17 billion price tag.−reitzensteinm14yTo save everyone the math, 23 million shares is now worth ~$458.8 million.
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This was a well known fact from the get go. TechCrunch on May 17th:
http://techcrunch.com/2012/05/17/facebooks-38-share-price-ma...
> When Facebook agreed to buy Instagram, it said it would pay with $300 million in cash and 22,999,412 shares of stock. That stock is now worth nearly $874 million, creating a $1.17 billion price tag.
To save everyone the math, 23 million shares is now worth ~$458.8 million.