Season 2, episode 1 of Mark Zuckerberg hates Evan Spiegel. We’ve seen that Facebook is a loser and Instagram is the winner. Facebook copied Snapchat’s Stories feature and placed it front and center on its interface – but no one’s using it. However, when Instagram introduced the same feature, it was a hit. Instagram Stories boasts more daily active users than Snapchat. Instagram has 700 million users, adding 100 million accounts just in the past six months – putting the platform on track to reach a billion users by 2018. Instagram has become the all-important growth vehicle to substantiate what has become one of the five most valuable companies in the world. Winner or loser? About.com. The failed content farm is reinventing itself as a collection of niche sites called Dotdash. About.com achieved a market value of a billion dollars in the early 2000s with a simple formula: leverage user-generated content and optimize it, or specifically game it, for Google – generating traffic and the ability to sell advertising. And then what happened under the cover of darkness? Late one night, Google updated their algorithm as they do often and immediately About.com was a shadow of itself. A year later the company was sold for $300 million and it’s likely worth a lot less now. A loser: millennials missing the boat on investing. 80% of millennials are not investing in the stock market. It is difficult to time the markets but over the long term the stock market has outperformed almost every asset class. Stock trading app Robinhood, which simplifies investing and is targeted to millennials, just earned unicorn status with a $1.3 billion valuation. Launched in 2014, the app boasts two million users, doubling in size since October. The most popular stock among Robin Hood’s millennial users: Chip maker Advanced Micro Devices, which fell 18% last week. Bottom line: you’re young, which means you’re stupid. Really smart decision, young man. We can put that check in a money market mutual fund, then we’ll reinvest the earnings into foreign currency accounts with compounding interest and it’s gone. What the fuck? The money in your account. It didn’t do too well. It’s gone. We’ll see you next week.