16:18 • 1 year ago

Breakdown: Instagram is now worth way more than Kodak (seriously)

$77 million earned per Instagram employee (whoa guys)

7,600 number of current employees at Kodak, a bankrupt company which inspired Instagram’s style
13 number of current employees at Instagram, which started in 2010 and was iPhone-only until last week source

» A sad subtext: The company that made one of the cameras that inspired Instagram’s square shape is so broke that they have to ask a court for permission to pay out bonuses to 300 key employees. Meanwhile, Instagram has right around a dozen people who are receiving cash and stock from a company likely to have the biggest IPO in history. With its direct visual inspiration struggling, Instagram is now worth 12 Kodaks. If there was a more perfect display of the concept of “creative destruction,” we haven’t seen it. (thanks Philip Bump)

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And technology marches on. One of the things I miss about film cameras is the smell of film itself. I don’t know how to...
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:’(
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