Instagram was worth $500 million right before the purchase. it got doubled to 1bil If nyt was gonna get bought it would get multiplied by 2 so around $1.9billio

Instagram was worth $500 million right before the purchase. it got doubled to 1bil If nyt was gonna get bought it would get multiplied by 2 so around $1.9billion. Yeah. It makes no sense. It's like comparing apples to oranges.