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Winners & Losers in Your Inbox.

Loser: Snap. Despite the hype around their upcoming IPO, we still think the company is a loser.

Winner: Amazon, which actually makes more on ad sales than Snap and is also growing its fulfillment business.

Winner: Tinder. With nearly 2 million paying subscribers, the app has convinced millennials not only that they need to use an app to find love, but also that they have to pay for it.

Loser: Virtual reality. Just three years after buying Oculus, Facebook is closing many of its pop-up stores due to poor performance.