The presumptions of reporters are often baffling. Bloggers (myself included) are usually worse, but when everyone in the tech blogging world and even respected journalists at the NYTimes start talking about “inexperience” and “hasty negotiations” being behind the losses in paper wealth that the founders of Instagram are taking, I have to wonder why they get paid to write at all. In hindsight, Instagram probably should have cut a different deal with Facebook rather than go along for the ride with the majority of the purchase tied to stock without the protections that most mergers of this type…

They can’t win, lately. Facebook exceeded expectations by a smidgen by posting $1.18 billion in revenue. Wall Street expected $1.15 billion. The $0.12 earnings per share was exactly what Wall Street anticipate. For most companies, matching expectations would be a good thing, setting a precedent of predictability early on and showing that the experts can call the numbers accurately. For Facebook, it didn’t seem to help as after-hours trading pushed the share price below $25, a dip of over 10%. As Inside Facebook reports, there was some good news as Facebook reported approaching 1 billion users…