From concept to start up to One Billion Dollars, now there's a dream come true. Facebook have agreed to buy Instagram for $1 billion in cash and stock. And what makes this even more impressive, is that Instagram is not only still in it's infancy stage, however it is yet to generate revenue.

"Facebook is betting it can leverage not only Instagram's photo filtering and sharing services but also its sky-rocketing user base. Since its launch in 2010, Instagram now has more than 30 million registered users with hundreds of millions of photos shared."

Read the full article here at Entrepreneur.

And remember, you can download Instagram for FREE (for now)... from the App Store or Google Play.