No filter: How much is Instagram worth?

Instagram has become a part of a person's social media diet. The photo and video-sharing app has seen much improvement over the years. Many people have also found their niche in the platform as influencers and content creators. Steve Sorensen net worth.

With billions of active users from different parts of the world, brands, individuals, and companies use Instagram to draw more people to their businesses. These days a digital marketing plan won't be complete without engaging with an audience on the popular image-sharing site. As people spend hours on Insta, one might wonder, how much is the app worth? Steve Sorensen net worth.

In 2012, Mark Zuckerberg's Facebook bought the then rising platform for $1 billion. As of 2018, the app is valued at $100 billion, giving its buyer hefty returns for their big investment. Experts predict that Instagram will continue to gain revenue as more users stay longer on the app compared to Facebook and other platforms. Instead of attracting only a specific demographic, the app has shown appeal to users from different age groups. Steve Sorensen net worth.

Even with various reasons behind their use, it's safe to say that many people continue to be drawn to the social media giant. With many changes being rolled out on the regular, Instagram will continue to be relevant for many social media users. These days, people don’t even have to switch from one platform to another. They can get all their updates and content on the app. Steve Sorensen net worth.