A couple of months back, Facebook shook the world with their billion dollar Instagram acquisition, days before going public. As if that didn’t cause enough furore, Facebook’s stocks tanked soon after going public, inviting sharp criticisms from all ends. It sounds too much like the .com bubble of the late ’90’s, the last time the early world of web apps messed up our economy.
Some people even started predicting doom and the end of the world as we know it. Okay, I made that up. But I can’t quite make peace with the fact that Instagram, a company which had only been around for a year and a half now, and made zero profit, is worth a billion dollars.
Outrageous, one might say! But knowing Zuckerberg’s working style and Facebook’s history, I believe there must be some reason behind this seemingly irrational move. In this article, we’ll try to understand how product valuation works, what is an economic bubble, and more importantly, why Instagram.
With the ever-increasing rise in businesses operating via the web, there came a need for invoicing apps and yes, there are plenty. The trouble arises when you’re trying to find the right one for what you need. I’ve spent a good while searching for one that does exactly what I need and I may have just found it in the form of an app by UK-based startup, Haloweb.
In this article, I’m going to be taking a look at Invoice Bubble – an app I deem to be one of the best for performing this menial task with ease.