Financing to Value Instagram at $500 Million (Spencer E. Ante/Wall Street Journal)

Spencer E. Ante / Wall Street Journal:
Financing to Value Instagram at $ 500 Million  —  Instagram is poised to raise a new round of financing that will value the popular photo-sharing application at as much as $ 500 million, people familiar with the matter said, despite skepticism that the fast-growing company will find a way to make money.

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