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From $0 to $1,000,000,000 within two years.

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From $0 to $1,000,000,000 within two years.

Postby ideasuniversity » Wed Apr 11, 2012 11:10 am

It can only happen at this age. This is the best of time. Two guys started a software business two years ago and the business was bought by Facebook this week for $1 Billion dollars. It's breaking business and Internet news now. I won't post the story here. Let me give you an assignment. Google it and see for youself :D
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Re: From $0 to $1,000,000,000 within two years.

Postby GT Bulmer » Wed Apr 11, 2012 6:18 pm

Yes, it is all over the news. I can't believe ANYthing so new would be worth that much money! Give me a million and I'll create something similar and save you having to pay a billion! :lol:

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Re: From $0 to $1,000,000,000 within two years.

Postby ideasuniversity » Thu Apr 12, 2012 6:34 am

Hi Gt, they only have ideas and nothing else. This is power of ideas. Facebook also was started with $200 paid to the guy in elance to do the coding
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Re: From $0 to $1,000,000,000 within two years.

Postby GT Bulmer » Thu Apr 12, 2012 10:30 am

Hi, Yinka:

Wow, look at the potential, because we all get great ideas sometimes.

What do you think it is that takes one simple idea like that all the way to the top like Facebook (and their new acquisition)?

GT :)
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Re: From $0 to $1,000,000,000 within two years.

Postby ideasuniversity » Sat Apr 14, 2012 6:21 am

GT Bulmer wrote:Hi, Yinka:

Wow, look at the potential, because we all get great ideas sometimes.

What do you think it is that takes one simple idea like that all the way to the top like Facebook (and their new acquisition)?

GT :)


Ideas plus action plus testing and twisting then persistence
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Re: From $0 to $1,000,000,000 within two years.

Postby GT Bulmer » Sat Apr 14, 2012 1:22 pm

ideasuniversity wrote:
GT Bulmer wrote: . . . What do you think it is that takes one simple idea like that all the way to the top like Facebook (and their new acquisition)?

GT :)


Ideas plus action plus testing and twisting then persistence

I completely agree. It has to be a decent idea, but then it takes user feedback, adjusting, plenty of focused action and a ton of belief and persistence!

Marketing is sometimes a big thing, too. If you can promote it effectively and it catches on, then momentum carries it the rest of the way.

But sometimes it's just the right idea at the right time and nothing in the world is going to stop it. Never mind promotion, the creators are simply challenged to keep up with the growth and demand.

GT :)
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Re: From $0 to $1,000,000,000 within two years.

Postby Bizking » Thu Apr 26, 2012 1:46 am

This company's 17 month exposure surely was one of the most profitable businesses... They raised just $500,000 as a start and ended up with $1Billion, it surely is a great accomplishment. Many people say that Facebook saw this company as a competitor because of its rising popularity, in less than a year their community rise from 5 million to a whopping 40million, plus the fact that this app is working with the rivals of facebook as well. Though facebook does not take out this ability, they will profit to every bit of wherever instagram will be used it which is a very ingenious move as well. Many people atest that the fact that other social networking sites tried to acquire this company made facebook raise the bid. Nevertheless I am happy for the people behind this company's success.
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Re: From $0 to $1,000,000,000 within two years.

Postby drdony » Wed May 16, 2012 6:48 am

Looks like they found a perceived need, filled it and rapidly others agreed that they needed it also. A winner by anybody's book, but the Jackpot came from the big book - Facebook
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Re: From $0 to $1,000,000,000 within two years.

Postby ideasuniversity » Wed May 16, 2012 8:12 am

I am thinking of a supersonic idea of an apps that will be able to attract buyers like facebook :D
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Re: From $0 to $1,000,000,000 within two years.

Postby drdony » Wed May 16, 2012 12:35 pm

good luck with it, share it and maybe you will find a partner, or a copycat
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Re: From $0 to $1,000,000,000 within two years.

Postby BenjieKI » Thu Jun 21, 2012 6:21 am

Though facebook does not take out this ability, they will profit to every bit of wherever instagram will be used it which is a very ingenious move as well. Many people attest that the fact that other social networking sites tried to acquire this company made Facebook raise the bid. Nevertheless.
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Re: From $0 to $1,000,000,000 within two years.

Postby ideasuniversity » Thu Jun 21, 2012 7:52 am

BenjieKI wrote:Though facebook does not take out this ability, they will profit to every bit of wherever instagram will be used it which is a very ingenious move as well. Many people attest that the fact that other social networking sites tried to acquire this company made Facebook raise the bid. Nevertheless.

This is what happened when a lot of people are interested in your project.
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Re: From $0 to $1,000,000,000 within two years.

Postby nicktoff » Sun Jun 24, 2012 8:36 pm

I find it very interesting how much these social media sites are being bought for, and what the "parent" companies plan to do with their investments.
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