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What went wrong at Hipstamatic?

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hipstamatic stock 1020
hipstamatic stock 1020

Long before Facebook’s billion-dollar acquisition of photo sharing service Instagram, Hipstamatic was the original killer app for creative smartphone photography. Fast Company takes an in-depth look at how its trendsetting model was beaten to the social punch, with interviews of current and past employees painting a picture of indecision, lack of focus, and a fragmented organizational structure that left the company hamstrung. Following major layoffs in August, can a renewed concentration on its core product keep Hipstamatic relevant in the established photo app marketplace?