Instagram Bought by Facebook for $1 BILLION

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Remember Instagram, the fun little quirky photo sharing service that just released an Android application?

As you may know, they’ve been growing in size since their launch and Instagram has become an extremely large and popular service.

Because of this, it was inevitable that they would eventually be purchased by an extremely large company… and who better than facebook?

First of all, $1,000,000,000 is a lot of money. A LOT. I didn’t really think that Instagram could be worth that much.

Second, a little note to Zuck and the whole facebook crew: Please, please, please, please don’t screw this up. Please don’t force it to be built in to the facebook interface. Don’t try to stick instagram into facebook, you’d be doing everybody a disservice. Also, don’t just get rid of the entire thing to eliminate competition.

We will have to see what Facebook is hoping to do with this photo-sharing giant, and I honestly hope that they don’t screw it up.