Aunt Jill on the 404: Instagram, LinkedIn, Mega Millions

The photo sharing application Instagram was becoming so popular so quickly that some feel Facebook saw it as a threat. John Blackstone reports this might be the reason why the social networking giant bought the company for double its estimated value.

Without question, the best part of my job is being able to appear on CNET's 404 podcast with the hosts Jeff Bakalar and Justin Yu.

In this episode, I complain to the guys that they have not yet developed an idea that will get us a billion dollars for a company with no revenue. In other words, we try to make sense of Facebook's $1 billion purchase of Instagram. I also come clean about my recent experience with LinkedIn. Stalkers beware: this is a very dangerous site!

After my post "What to do if you win Mega Millions," the guys share what their big splurges would be. Fantasies aside, I also answer questions from the fabulous 404 fans.

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    Jill Schlesinger, CFP®, is the Emmy-nominated, Business Analyst for CBS News. She covers the economy, markets, investing and anything else with a dollar sign on TV, radio (including her nationally syndicated radio show), the web and her blog, "Jill on Money." Prior to her second career at CBS, Jill spent 14 years as the co-owner and Chief Investment Officer for an independent investment advisory firm. She began her career as a self-employed options trader on the Commodities Exchange of New York, following her graduation from Brown University.