Oleg Zabluda's blog
Monday, April 23, 2012
 
How Andressen Horowitz "fumbled" an investment into Instagram (invested only $250K) and made only $80 million rather...
How Andressen Horowitz "fumbled" an investment into Instagram (invested only $250K) and made only $80 million rather than $300 million.
http://bits.blogs.nytimes.com/2012/04/20/how-andreessen-horowitz-fumbled-an-instagram-investment/

Andressen's take (from Nov 2010)
http://www.quora.com/Why-did-Andressen-Horowitz-invest-in-PicPlz-when-they-were-already-investors-in-Instagram

Horowitz's take:
http://bhorowitz.com/2012/04/22/instagram/
http://bits.blogs.nytimes.com/2012/04/20/how-andreessen-horowitz-fumbled-an-instagram-investment/

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