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Daniel Aguiar : Instagram Heralds Bubble? : Silicon Valley Business Journal
Friday, Apr. 13, 2012
Dan Aguiar, executive director of the Center for Innovation and Entrepreneurship and dean’s executive professor of entrepreneurship, was interviewed by Silicon Valley Business Journal about Facebook’s recent $1B purchase of Instagram, the photography sharing application for mobile phones. The April 13 report speculated that mobile applications and social networking startups have launched an investment bubble. Aguiar predicted a significant upturn in entrepreneurial activity in mobile and social apps as a result of the extraordinary purchase.