Instagram ripped off Snapchat… so what?

Instagram ripped off Snapchat… so what?

Instagram stole “stories” from Snapchat…but, everyone in Silicon Valley is a thief. If an idea is any good, it will likely be mimicked within a few months. Lou explains how tech companies get away with it, and what innovators can do to fight back.

SOURCES & FURTHER READING

Snapchat stock loses $1.3 billion after Kylie Jenner tweet
http://money.cnn.com/2018/02/22/technology/snapchat-update-kylie-jenner/index.html?iid=EL

Instagram on copying Snapchat
https://techcrunch.com/2017/05/16/to-clone-or-not-to-clone/

Snapchat user growth stagnant amid redesign backlash
http://money.cnn.com/2018/05/01/technology/snapchat-user-growth-redesign/index.html

Don’t Trust the VPN Facebook Wants You to Use
https://www.wired.com/story/facebook-onavo-protect-vpn-privacy/

When Steve Met Bill: ‘It was a kind of weird seduction visit’
http://fortune.com/2011/10/24/when-steve-met-bill-it-was-a-kind-of-weird-seduction-visit/

Why Facebook’s earliest efforts to kill off Snapchat completely backfired
https://www.recode.net/2018/2/17/17022586/facebook-snapchat-poke-clone-mark-zuckerberg-evan-spiegel-billy-gallagher

Mark Zuckerberg couldn’t buy Snapchat years ago, and now he’s close to destroying the company
https://www.cnbc.com/2017/07/12/how-mark-zuckerberg-has-used-instagram-to-crush-evan-spiegels-snap.html

CREDITS
Writer: Louis Foglia
Editor: m.cho
Researcher: Dushyant Naresh
Supervising Producer: Allison Brown

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24 Comments

  1. There is no such thing as theft in business. It’s just competition. If we’re in a similar industry and you have a great idea that could complement my business I’m definitely going to find a way to implement it. In fact protection against this sort of thing like patents copyrights and trademarks are a form of monopolistic tactics, preventing competition from taking place.

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