If you have been paying attention to the news lately, you have probably heard about Facebook’s acquisition of Instagram for $1 billion. When the deal was made, Instagram was only 551 days old. To put that in perspective:
$1 billion = 1,000,000,000 ÷ 551 days = $1,814,882.03/day.
So, on a very basic level, Instagram grew in value by an average of $1.8 million PER DAY from their start until the time that Facebook bought them. This is a very simplified illustration, of course, but it demonstrates the incredible influence of Social Media in the world today.
Just this week, Mark Zuckerberg and the Facebook crew went on a road show to try to raise interest for their IPO that is imminent (the company is expected to go public tomorrow). The IPO is expected to be the largest in history, with an estimated value between $77 billion and $96 billion. Considering the fact that 1/7th of the world’s population has a Facebook account (950 million users), it is safe to say that the site wields an extraordinary amount of marketing power.
As a business that is looking to grow and prosper in a changing economy, A & R is looking to tap into the massive potential that Facebook offers. We have been working on our Facebook page, and we will be updating it constantly for the coming months. Be sure to ‘like’ us on Facebook to be the first to know about upcoming promotions and special discounts!!
http://www.facebook.com/pages/A-R-Box-and-Packaging/215314741823330








