Tech Deals

Mark Zuckerberg

Instagram co-founders Kevin Systrom, right, and Mike Krieger saw the value of their deal with Facebook rise with the IPO pricing.

Photograph by Instagram via Bloomberg

Instagram co-founders Kevin Systrom, right, and Mike Krieger saw the value of their deal with Facebook rise with the IPO pricing.

Instagram Deal Rises by 17% With Facebook’s IPO Pricing

As if the $1 billion Instagram received for selling its photo-sharing app to Facebook wasn’t enough, the deal’s value has increased by 17 percent in the six weeks since it was announced. On April 9, Facebook agreed to pay $300...

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