Facebook bought Instagram to quash competitor, documents show !!
Before Facebook Chief Executive Officer Mark Zuckerberg signed a deal to acquire Instagram, he proposed the idea to the photo-sharing startup’s co-founder Kevin Systrom, who was not interested. “Will he go into destroy mode if I say no?” Systrom asked a board member. “Probably,” replied Matt Cohler, the venture capitalist and early Facebook employee. Then Cohler added that Facebook it would likely to go into destroy mode either way. The exchange was one of several potentially damning pieces of evidence in documents obtained by the US House Judiciary subcommittee on antitrust,…