Is collecting data the goal, or simply diversification? My theory is that Facebo... | Hacker News

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		trothamel on July 28, 2014 \| parent \| context \| favorite \| on: Dear Instagram Is collecting data the goal, or simply diversification? My theory is that Facebook (the company) is preparing for the day when Facebook (the website) goes the way of Friendster and Myspace, and they're attempting to have other lines of business when that happens.

ivraatiems on July 28, 2014 [–]

Hmm, I hadn't considered that. It could be. I dunno. Anyway, they definitely want to keep their acquisitions pretty separate for the time being.

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