Instagram: A Billion-Dollar Turning Point for Mobile Apps

http://graphics8.nytimes.com/images/2012/04/11/business/Apps1/Apps1-articleLarge

The path for Internet start-ups used to be quite clear: establish a presence on the Web first, then come up with a version of your service for mobile devices.

Now, at a time when the mobile start-up Instagram can command $1 billion in a sale to Facebook, some start-ups are asking: Who needs the Web?

Tags: 

Read more: Instagram: A Billion-Dollar Turning Point for Mobile Apps

Story added 11. April 2012, content source with full text you can find at link above.