Bio not provided
Would it be too simple to just look at the price paid per user of Instagram to value Path? Instagram had 30 mil. users and got bought for $1 bil., which implies $33 per user. Adjust that number down for the fact that Path is not growing nearly as fast and only appeals (for now) to a niche, early adopter crowd versus the mainstream appeal of Instagram, and the number could be $20 (?) per user. They both have talented tech teams, so that is pretty much an offset. This would value Path (based on 3 mil. users) at $100 mil. at the high end and $60 mil. at the low end. Definitely not $250 mil. Thoughts?
1 year, 7 months ago on Instagram’s Windfall Proves Path’s Worth