
0:43
In this monologue, the speaker recounts the rapid acquisition of Instagram by Facebook in 2012. He explains that Instagram was poised to become Facebook's biggest competitor and that without the purchase, Facebook might have struggled. Twitter had offered to buy Instagram for roughly $400‑$500 million, but Mark Zuckerberg reached out to founder Kevin Systrom, proposing to double the valuation of Instagram's current fundraising round, effectively valuing the company at $1 billion. Zuckerberg, his lawyers, and Systrom negotiated and closed the deal over a single weekend—within 48 hours—so that by Monday the acquisition was already complete, leaving competitors unaware of the transaction.










