Comment: Simple Explanation for Instagram (Score 5, Interesting) 124
For anyone who's still scratching their head about the instagram purchase, here's something to think about.
At least one of Instagram's employees, Philip McAllister, was at Gowalla when it was picked up by Facebook less than 6 months ago.
That guy might be the luckiest bastard in the world, having worked for 2 tiny companies whose only significant accomplishment was getting acquired by Facebook. On the other hand, Zuckerberg could just be funneling company money to friends?