“Two years ago we invested $250,000 in Instagram…the investment will be worth $78,000,000 when the Faceboook acquisition closes”

Some people are never happy: “Despite Instagram’s awesome performance and our monstrous return, a number of articles have come out criticizing us for not making even more money on our investment.” Tech VC firm Andreessen Horowitz on how they made 316 times their investment in Instagram, and why they didn’t make more, here.

See also: February 2011: Series A round raises $7 million. April 2012: Sold for $1billion: One of the most successful VC investments in history

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