The equivalent of $1 billion. This definition garnered traction after the social-network giant, Facebook, acquired the photo-sharing app, Instagram, for a ridiculous $1 billion.
Bonenut: Hey Jimdog, how much did you pay for that mansion?
Jimdog: I paid one instagram for this dope house, Bonenut!
Hey, did you hear about the losses Sony experienced in 2011? It was over THREE instagrams!
An Instagram is a mother of a beautiful girl (age probably from 16-25) that is very beautiful and sexy that any guy would definitely want to impregnate this making her a grandmother instantly. Instant Grandmother or Instagram for short.
A kind of "sketchpad" for professional and advanced amateur photographers who got over Flickr 3 years ago. Frequently maligned by more-money-than-talent "photographer wannabes" even though it becoming really popular with professional photojournalists and editorial shooters who don't have the desire/need to get 15 minutes of pseudo fame by being "interesting" or "explored."
A photographer wannabe: "I spent $12,000 on gear, how come you are getting laid?"