Not since Google bought YouTube has an acquisition grabbed the world's attention the way Facebook's $1-billion deal to buy Instagram. And it's bound to get tongues wagging again about startup valuations shooting into the stratosphere.
“It’s unprecedented on almost any metric you look at,” said Paul Kedrosky, a senior fellow at the Kauffman Foundation.
The San Francisco startup has just 13 employees. That works out to be $76 million per employee, Kedrosky pointed out.
Radioactive particles released in the nuclear reactor meltdown in Fukushima, Japan, following the March 2011 earthquake and tsunami were detected in giant kelp along the California coast, according to a recently published study.
Radioactive iodine was found in samples collected from beds of kelp in locations along the coast from Laguna Beach to as far north as Santa Cruz about a month after the explosion, according to the study by two marine biologists at Cal State Long Beach.