Instagram is a photo sharing social media platform created by Kevin Systrom in 2010. It currently has over 800 million users and is worth over $50 billion. The main purpose of Instagram is to allow users to share photos and videos with their followers and browse content from people they follow. Instagram makes its money through advertisements, similar to its parent company Facebook, with nearly all of its revenue coming from ads. The target audience for Instagram is primarily younger people aged 17-34, though older users also utilize it. Instagram must consider legal and privacy issues to ensure it protects user data and follows relevant laws.