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Twitter Got Fresh Instagram Rp 5 trillion

Posted by arieardian Selasa, 18 Desember 2012 0 komentar

Before diborong Facebook for $ 1 billion dollars or about Rp 9.5 trillion, Instagram last March apparently never received an offer of purchase from Twitter. Only, worth just half of Facebook offer, ie 525 million U.S. dollars, or around Rp 5 trillion.

 This was revealed by Nick Bilton of the New York Times, quoted by Business Insider. According to Bilton, Twitter offers this could be a problem for Instagram CEO Kevin Systrom.

 Because, in order to accelerate the process of acquisition by Facebook, August, Systrom testified before the Department of Corporations California that Instagram had never received offers from parties other than Facebook.

 When asked about the purchase offer from another party, Systrom said, "We never received a formal offer or written."

 Bilton Sources said that the fact the opposite happened. Systrom had verbally agreed to an offer from Twitter before eventually reversed its decision on the grounds that it wanted to keep the company independent. He was also briefly shown sheet requirements (term sheet), which is the framework of a formal agreement Twitter.

 Furthermore, Bilton also said Systrom had never met in the office Twitter or Instagram to discuss the acquisition bid. He always chose a neutral meeting place like a restaurant. When given a term sheet, Bilton just read and memorize it, then return it to the Twitter page.

 Not yet clear whether Systrom would really get in trouble due to this. It all depends on the Department of Corporations California which has so far only said that "We have not received any complaints or protests related to the acquisition of hearing about Facebook / Instagram."

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Judul: Twitter Got Fresh Instagram Rp 5 trillion
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