Wilak Media

Major Investments and Acquisition

Systrom initially managed a $500,000 seed fund for Burbn from the investor Baseline Ventures and Andreessen Horowitz, who were pretty impressed at the first look of the prototype. Later after releasing Instagram as the final product, Systrom and Krieger managed to raise $57 million in funding. In 2012, Facebook made a move to purchase InstagramContinue reading “Major Investments and Acquisition”

Origin of Instagram

Social media applications have broadened the reasons and ways of interaction between many of us in developed and developing countries. Some of the applications have billions of active users every month, including business owners, influencers, TV celebrities, and other individuals. Instagram, initially named Burbn, climbed its way up to have a current market value ofContinue reading “Origin of Instagram”

Are you leaving money on the table when it comes to what platform you’re advertising on?

Starting from humble beginnings, Facebook over the course of the past two decades has created a platform, ecosystem and network of connected businesses that continue to thrive well into the 21st century. This one platform has positioned itself to become the most used social site on the planet. As of today, approximately half of theContinue reading “Are you leaving money on the table when it comes to what platform you’re advertising on?”

How are restaurants using Facebook Marketing? And what can you take from their mistakes?

Are you a business owner in Australia and wondering if Facebook is the right place to put your business? Are you a politician who is weary of using Facebook for your upcoming election campaign? Whatever the reason might be, you’re in the right place. It’s a big step, even for an established company, to takeContinue reading “How are restaurants using Facebook Marketing? And what can you take from their mistakes?”

A Magnificent Journey to 1 Billion

It’s no fairytale we are about to read to our kids at night, yet when you dive further into Instagram’s history, you’d get caught thinking it was one. When was the last time any platform, business or community gained 1 million users in just two months? You’d be hard pressed to find another business toContinue reading “A Magnificent Journey to 1 Billion”