In this infographic, you will see valuations that reveal how some iconic companies and brands are worth less in the eyes of investors than certain hot new startups.
On April 9, 2012, Facebook purchased Instagram for $1 billion. The New York Times, on that same day, had a market capitalization of a little over $946 million, based on a $6.40 stock price.
The fact that a 2-year old startup with 12 employees could be valued higher – by Mark Zuckerberg, at least – than one of the world’s most venerable media companies raises a lot of questions.