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> Instagram only became sustainable under Facebook.

That's an incredible leap to say IG couldn't develop their own ad network as a stand alone company. Hire a few people away from Google with options in a growing company the same way FB did.

If IG didn't sell they would have fully killed Facebook's relevancy by now.



Yeah, but the IG founders didn't want to put ads on the product at all. It was not a sustainable business while in their control.


Do you have a source that they refused any ads at all? There's a difference between having a few tasteful ones and overloading it like it currently is.




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