Original, Instagram's CEO Kevin Heath Lindstrom (Kevin Systrom) gave Twitter founder Jack Dorsey (Jack Dorsey) broken heart.
Not long ago, "Vanity Fair" (Vanity Fair) posted on the ins and outs of the the Instagram acquisition of case. This story, the most attractive period of a year ago the Facebook, Twitter and Instagram polygonal Love "story, we see Heath Lindstrom flourishes, Zuckerberg smile, but never caught a glimpse Jack Dorsey sad and lonely.
Jiekeduoxi last updated Instagram 56 weeks ago, shortly after, this image social applications of the high price of $ 1 billion to sell a Facebook.
Dorsey early on Instagram very commendable success in the mobile space, in March 2011, after he returned to Twitter Board Contact Heath Lindstrom, hope that the two companies entered into a collaboration. Later, a gathering of entrepreneurs, Dorsey saw Heath Lindstrom himself. They talked for a whole evening campfire, the future integration of the two companies.
For Heath Lindstrom was in front of him with three forks in the road to Heath Lindstrom: the U.S. Sequoia Capital's investment Luo Laofu Botha (Roelof Botha) to provide a $ 50 million financing agreement, Instagram valuation of $ 500 million; the represent Jiekeduoxi Twitter gives a $ 500 million acquisition agreement; Zuckerberg earlier repeatedly invited Heath Lindstrom together Dinner and candidly reveal the plans of the acquired companies.
Heath Lindstrom the bent Instgram operate independently, so a telephone call to Twitter CEO Costello rejected an acquisition agreement, and frankly accept the Sequoia investment. The same time, he also gave Zuckerberg playing the phone, telling him Instagram final decision.
Zuckerberg does not refuse to as the "final answer", he gave Heath Lindstrom texting the next day to meet with. "I want you to know we are very serious." Very seriously indeed, Zuckerberg Heath Lindstrom about to dwell on the details of the acquisition of own his home, and the last out in a variety of media see on the "high price" - 300 million U.S. dollars in cash and 700 million worth of Facebook stock.
Heath Lindstrom is such a high purchase price (cash) shook the money that changed when he wants to "Instagram to remain independent of mind (read when I only feel, that is, and the title of the story of "Vanity Fair" - "Money Shot").
----- I do not know why I changed my mind, but he gave me a set of action plans, the valuation is higher than the Sequoia doubled.
Zuckerberg to trapping Heath Lindstrom heart, even in Facebook's commitment Instagram will remain an independent operation does not become a victim of Facebook integration strategy. Time, from Heath Lindstrom refused Twitter just over 4 days.
Jack Dorsey still see this message in the April 9 news which, than Costello calm, Dorsey but think this news is difficult to accept, he thought he and the young entrepreneurs Friends relations.
----- Morning back to the office staff told me that I was to the Internet to see the news of the acquisition. As an investor, I was in the afternoon received the relevant notification. My heart would break, because Kevin never told me this was going on. Us by e-mail, we met in the party, but since then we have not talked to the.
For Dorsey speaking, sad not only lost opportunities for the acquisition of Instagram, to but informed themselves or from Kevin Hayes Lindstrom friends.
The story behind is clear to everyone.Soon after, Instagram on Twitter Card is no longer supported; Twitter shield Instagram pictures, but also developed its own "filter" function ......
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