After announcing that its user base has just passed the 27 million, the amazing 16-month-old company is already valued at a staggering US$500 million, just about 20 times more than one year ago.
Along with this news, the company announced that “very soon” users will be gifted with an Android version, according to what founder Kevin Systrom said at South by Southwestconference. How long will it take to come to market? No one knows, but if we consider that the original app took 8 weeks, this should be FAST!