Instagram Launches
Kevin Systrom and Mike Krieger launch Burbn, then strip it down to just photos and filters. They rename it Instagram. The app launches on iOS only. One million downloads in two days. The retro filters make everyone feel like a photographer. By December, it has 1 million users. By 2012, Facebook pays $1 billion for it. By 2024, it has 2 billion users.
Made photography social. Created the visual-first social media paradigm. Instagram filters became a cultural aesthetic. The acquisition price became a meme about undervaluing startups.