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Instagram had 13 employees when FB acquired it
short by Abhishek Bansal / on Tuesday, 2 August, 2016
Photo sharing platform Instagram had 13 employees in 2012 when it was acquired by Facebook for $1 billion. Instagram CEO Kevin Systrom reportedly got about $400 million from the deal which included a mix of cash and stock. Notably, Instagram CEO's net worth crossed $1 billion on Tuesday, on account of surge in Facebook shares.
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