What is Nostr?
johnsBeharry / Johns from Peak Shift Ltd.
npub1shh…56zk
2024-01-29 21:00:56
in reply to nevent1q…2hej

johnsBeharry on Nostr: I'm not doing a complete 180 on bootstrapping and building businesses... but this ...

I'm not doing a complete 180 on bootstrapping and building businesses... but this weekend I had a discussion about hipstamatic launched in early 2009 which was bootstrapped and instagram venture backed and launched in oct 2010.

here's a little summary I generated:

\- Hipstamatic launched in 2009, available for a direct purchase price with additional in-app purchases for lenses, films, and filters.

\- Instagram, founded in October 2010, quickly focused on social networking and received significant VC funding: $500,000 in February 2011 and $7 million in April 2011.

\- Instagram's user growth was rapid, reaching 1 million users by December 2010, 10 million by September 2011, and 30 million by April 2012.

\- Instagram was acquired by Facebook in April 2012 for approximately $1 billion.

\- Hipstamatic's focuses mainly on its niche market of photography enthusiasts without significant public funding or acquisition events
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