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.
To read the full story:
http://www.bizjournals.com/sanjose/print-edition/2012/04/13/bubble-or-not-instagram-signals-hot.html