Cocktail Hour: April 20, 2012

<p>The Facebook/Instagram deal continued to dominate headlines this week. Information began to leak detailing the three-day meeting of Mark Zuckerberg and Kevin Systrom, who eventually agreed upon the $1 billion deal (down from $2 billion). Only after the negotiation was the unaware Facebook board brought in for an obligatory head nod. We were still reeling from the number of zeros and deciding whether Systrom sold out or realized that his 14-person company with zero revenue was no match for the man who beat the Winklevoss twins.</p> ...