---
title: "Sarah Lacy to Twitter CEO Dick Costolo: “How much of a fuck-up was losing Instagram to Facebook?”"
date: "2013-12-06T13:39:06-07:00"
modified: "2013-12-06T13:39:06-07:00"
author: kims
url: "https://dominoresearch.com/sarah-lacy-to-twitter-ceo-dick-costolo-how-much-of-a-fuck-up-was-losing-instagram-to-facebook"
categories: The Domino Effect
tags: 
description: By Hamish McKenzie On December 6, 2013Twitter CEO Dick Costolo seemed momentarily taken aback at last night’s PandoMonthly in San Francisco when Sarah Lacy asked him “how big of a fuck up” it was that Twitter missed out on acquiring Instagram. “…
image: 
site_name: DominoResearch.com
---

# Sarah Lacy to Twitter CEO Dick Costolo: “How much of a fuck-up was losing Instagram to Facebook?”

[![8866883](//img.1.rp-api.com/thumb/8866883)](http://s.tt/1S9Qj)[**Sarah Lacy to Twitter CEO Dick Costolo: “How much of a fuck-up was losing Instagram to Facebook?”**](http://s.tt/1S9Qj) (via [Pando Daily](http://s.tt/1S9Qj))

By Hamish McKenzie On December 6, 2013Twitter CEO Dick Costolo seemed momentarily taken aback at last night’s PandoMonthly in San Francisco when Sarah Lacy asked him “how big of a fuck up” it was that Twitter missed out on acquiring Instagram. “…

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