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Great article and admittedly is how I feel sometimes as well. The day I heard of the $1B Instagram acquisition was a cloudy day for me since I also founded a photo social network over 4 years ago that is humming along slowly.

In Thinking Fast and Slow by Daniel Kahneman there is a section on media and how it mostly, and understandably, reports the more interesting edge cases. However a side effect of this causes the majority of people to believe car crashes are more common than heart attacks and often leads to poor judgements by utilization of the availability heuristic (see http://en.wikipedia.org/wiki/Availability_heuristic). The take home message for me is keep on keeping on.



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