The way I parse it is he built something in html5, and showed it at a party.

Owen, this is clearly a situation in which your insight is more valuable than most other people's. Care to elaborate on the Digg parallels?

I don't really want to draw parallels, because I don't know anyone at Instagram, but this really feels like a standard Silicon Valley puff piece to make the newly wealthy insiderish person look like a renaissance man. I'm going to guess that along with the $500k came the admonition to hire real engineers stat.

Oh yes...got that. I was just curious what that led to using at instagram. Anyone know what they use?