Aug 24, 2016 - 05:15 PM UTC — AAPL: 108.03 (-0.82, -0.75%) | NASDAQ: 5217.69 (-42.38, -0.81%)
“Everyone is mad at Instagram,” Craig Forman writes for Quartz. “Its overreach on the new terms of service shows that although disruption can be a huge economic opportunity (great adoption results in great valuation on its sale to Facebook!), naivety in the follow-through (Really? No one was going to pay attention to the ToS changes?) can undermine the best intentions in accelerating growth.”
“So what we are seeing isn’t a sign that free content can only go so far and then it buckles,” Forman writes. “It’s a sign of inexperience, and the resulting overreach that can blow up in entrepreneurs—and investors’—faces. Such disruption is ‘noisy’ and often accompanied by as much hype as genuine innovation.”
Read more in the full article here.
[Thanks to MacDailyNews Reader “David G.” for the heads up.]